The post Binance CEO Attributes Bitcoin Decline to Deleveraging appeared on BitcoinEthereumNews.com. Binance CEO comments on Bitcoin’s decline and market consolidation. Risk aversion and profit-taking contributing to market trends. Bitcoin trades above 2024 levels despite volatility. Binance CEO Richard Teng attributed Bitcoin’s sharp decline to investor deleveraging and risk-averse sentiment during a media roundtable in Sydney on Friday. This event reflects similar trends across major asset classes, indicating broader market behavior and cyclical volatility. Key Points: The immediate implications include a correction of Bitcoin by over 21% in November. Yet, Bitcoin still trades at more than twice its value from 2024, underscoring its resilience despite the current downturn. “Like any asset class, there will always be different cycles and volatility. What you are seeing is not only happening in cryptocurrency prices. Currently, there is also a certain degree of risk aversion and deleveraging in the market. Although Bitcoin prices have fallen, its trading price is still more than twice that of 2024 levels. The cryptocurrency industry has performed very, very well over the past year and a half, so it is reasonable for people to take profits. Any form of consolidation is actually beneficial for the industry, allowing it to take a breather and regain its footing.” — Richard Teng, CEO, Binance Bitcoin’s Future Stability Amid Historical Cycles of Deleveraging Did you know? Bitcoin has faced several historical cycles of deleveraging, notably during the late 2021 correction and the March 2020 COVID crisis, showing resilience through cyclical risks. Bitcoin, identified by CoinMarketCap, currently trades at $83,574.99 with a market cap of $1.67 trillion, showing a 9.16% decrease over 24 hours. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 09:18 UTC on November 21, 2025. Source: CoinMarketCap Insights from the Coincu research team suggest that despite the market’s current volatility and trends toward risk aversion, Bitcoin’s resilience is evident as it trades substantially above… The post Binance CEO Attributes Bitcoin Decline to Deleveraging appeared on BitcoinEthereumNews.com. Binance CEO comments on Bitcoin’s decline and market consolidation. Risk aversion and profit-taking contributing to market trends. Bitcoin trades above 2024 levels despite volatility. Binance CEO Richard Teng attributed Bitcoin’s sharp decline to investor deleveraging and risk-averse sentiment during a media roundtable in Sydney on Friday. This event reflects similar trends across major asset classes, indicating broader market behavior and cyclical volatility. Key Points: The immediate implications include a correction of Bitcoin by over 21% in November. Yet, Bitcoin still trades at more than twice its value from 2024, underscoring its resilience despite the current downturn. “Like any asset class, there will always be different cycles and volatility. What you are seeing is not only happening in cryptocurrency prices. Currently, there is also a certain degree of risk aversion and deleveraging in the market. Although Bitcoin prices have fallen, its trading price is still more than twice that of 2024 levels. The cryptocurrency industry has performed very, very well over the past year and a half, so it is reasonable for people to take profits. Any form of consolidation is actually beneficial for the industry, allowing it to take a breather and regain its footing.” — Richard Teng, CEO, Binance Bitcoin’s Future Stability Amid Historical Cycles of Deleveraging Did you know? Bitcoin has faced several historical cycles of deleveraging, notably during the late 2021 correction and the March 2020 COVID crisis, showing resilience through cyclical risks. Bitcoin, identified by CoinMarketCap, currently trades at $83,574.99 with a market cap of $1.67 trillion, showing a 9.16% decrease over 24 hours. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 09:18 UTC on November 21, 2025. Source: CoinMarketCap Insights from the Coincu research team suggest that despite the market’s current volatility and trends toward risk aversion, Bitcoin’s resilience is evident as it trades substantially above…

                                                                               Macro analyst Luke Gromen’s comments come amid an ongoing debate over whether Bitcoin or Ether is the more attractive long-term option for traditional investors.                     Macro analyst Luke Gromen says the fact that Bitcoin doesn’t natively earn yield isn’t a weakness; it’s what makes it a safer store of value.“If you’re earning a yield, you are taking a risk,” Gromen told Natalie Brunell on the Coin Stories podcast on Wednesday, responding to a question about critics who dismiss Bitcoin (BTC) because they prefer yield-earning assets.“Anyone who says that is showing their Western financial privilege,” he added.Read more