Binance boss Richard Teng says everyone needs to chill about Bitcoin’s big drop. Speaking in Sydney, he told reporters the 35% slide from October’s $126,000 peak to around $82,000 is just normal risk off deleveraging you see across all markets right now, not some crypto only meltdown.                                                       Bitcoin’s one yearBinance boss Richard Teng says everyone needs to chill about Bitcoin’s big drop. Speaking in Sydney, he told reporters the 35% slide from October’s $126,000 peak to around $82,000 is just normal risk off deleveraging you see across all markets right now, not some crypto only meltdown.                                                       Bitcoin’s one year

Binance CEO Says Bitcoin’s 35% Drop Is Just Normal Market Cooling

2025/11/22 03:06
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
  • Binance CEO says Bitcoin’s 35% crash is just normal deleveraging, same stuff happening everywhere.
  • BTC still up 2x from last year, so this pullback is actually healthy profit taking.
  • Crypto volatility isn’t fair anymore; Tesla and AMD are swinging harder than Bitcoin right now.

Binance boss Richard Teng says everyone needs to chill about Bitcoin’s big drop. Speaking in Sydney, he told reporters the 35% slide from October’s $126,000 peak to around $82,000 is just normal risk off deleveraging you see across all markets right now, not some crypto only meltdown.

                                                      Bitcoin’s one year price chart. 

Teng pointed out Bitcoin is still more than double where it was last year, so a breather after such a run is healthy. “People took profits, markets consolidate, that’s how it works,” he said, adding the whole industry needs time to catch its breath and find solid ground again.

Not That Wild Anymore

He also pushed back on the old “Bitcoin is super volatile” story, saying its swings are pretty much in line with plenty of major assets these days. Sure, Bitcoin’s yearly volatility is still around 50%, but that’s actually way down from the 181% insanity back in 2013. Some big tech stocks like Tesla (65%), AMD (73%), and Super Micro (73%) are even jumpier right now.

The broader market’s been messy too—during the recent chaos, the S&P 500’s volatility actually shot past Bitcoin’s for a bit. 

Teng’s bottom line: crypto isn’t the wild child anymore, it’s just riding the same waves as everything else. A little consolidation now could set the stage for the next leg up.

Market Opportunity
Notcoin Logo
Notcoin Price(NOT)
$0,0003993
$0,0003993$0,0003993
-0,32%
USD
Notcoin (NOT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

The Channel Factories We’ve Been Waiting For

The Channel Factories We’ve Been Waiting For

The post The Channel Factories We’ve Been Waiting For appeared on BitcoinEthereumNews.com. Visions of future technology are often prescient about the broad strokes while flubbing the details. The tablets in “2001: A Space Odyssey” do indeed look like iPads, but you never see the astronauts paying for subscriptions or wasting hours on Candy Crush.  Channel factories are one vision that arose early in the history of the Lightning Network to address some challenges that Lightning has faced from the beginning. Despite having grown to become Bitcoin’s most successful layer-2 scaling solution, with instant and low-fee payments, Lightning’s scale is limited by its reliance on payment channels. Although Lightning shifts most transactions off-chain, each payment channel still requires an on-chain transaction to open and (usually) another to close. As adoption grows, pressure on the blockchain grows with it. The need for a more scalable approach to managing channels is clear. Channel factories were supposed to meet this need, but where are they? In 2025, subnetworks are emerging that revive the impetus of channel factories with some new details that vastly increase their potential. They are natively interoperable with Lightning and achieve greater scale by allowing a group of participants to open a shared multisig UTXO and create multiple bilateral channels, which reduces the number of on-chain transactions and improves capital efficiency. Achieving greater scale by reducing complexity, Ark and Spark perform the same function as traditional channel factories with new designs and additional capabilities based on shared UTXOs.  Channel Factories 101 Channel factories have been around since the inception of Lightning. A factory is a multiparty contract where multiple users (not just two, as in a Dryja-Poon channel) cooperatively lock funds in a single multisig UTXO. They can open, close and update channels off-chain without updating the blockchain for each operation. Only when participants leave or the factory dissolves is an on-chain transaction…
Share
BitcoinEthereumNews2025/09/18 00:09
Top 3 Altcoins for the Next Bull Run Ethereum, Solana and Mutuum Finance

Top 3 Altcoins for the Next Bull Run Ethereum, Solana and Mutuum Finance

Ethereum and Solana already sit near the top of most serious altcoin watchlists, and Mutuum Finance is starting to enter that same conversation from a very different
Share
Techbullion2026/03/20 23:07
Trump: We want to negotiate with Iran, but we have no negotiating partner.

Trump: We want to negotiate with Iran, but we have no negotiating partner.

PANews reported on March 20 that US President Trump stated: "We want to negotiate with Iran, but we have no one to negotiate with. Nobody wants to be Iran's leader
Share
PANews2026/03/20 23:04