The crypto market reacted and experienced a sharp decline, with investors e...

The crypto market reacted and experienced a sharp decline, with investors even expressing concern as seen in sentiment reaching "Extreme Fear".

However, Binance CEO Richard Teng dismissed these concerns. He ensured that the decline in crypto prices was not a disaster. But this decline is a temporary recalibration.

“What we are witnessing now is another short-term tactical pullback, far from a structural downturn,” Teng wrote in his X