Binance CEO redefines Bitcoin in just three words

Binance CEO Richard Teng described Bitcoin as a “global macro dialogue”, emphasizing that it has evolved from a digital asset to an asset that is traded simultaneously with global credit, liquidity and interest rates. Binance's reserve proof shows that its holdings exceed 629,000 BTC with a coverage ratio of 103.5%, highlighting its important role in the financial field. Analysts point out that Bitcoin’s price movements are increasingly linked to the global liquidity cycle and are expected to peak in September 2025, further strengthening its integration with macroeconomic trends.