Binance CEO Richard Teng just shared interesting data:
Weekly equity fund flow into Binance reached ∼$163M, the highest since early July and marking 4 consecutive weeks of growth.
As shown in Figure 3, there is a clear correlation between QQQ (tech stocks) recovery and equity flows into crypto. When traditional markets gain confidence, crypto benefits.
This is not just a number, it's a sign that TradFi investors are coming back to crypto.
But as Teng said: Markets move in cycles. Do your own research and manage risk.
Are we seeing the start of a new cycle?
$BTC $ETH $BNB #Binance #RichardTeng @Richard Teng #CryptoMarketAlert
