“Volatility represents an opportunity,” says New Binance Manager of Argentina

Andrés Ondarra, new general manager of Binance for Argentina and Southern Cone, believes that the falls are not the end, but part of the growth of cryptocurrencies.

In dialogue with cryptootics, the world’s largest exchange executive argues that “history has shown that the market reacts to macroeconomic changes similar to traditional assets, but also recovers with a remarkable resilience.”

Currently, the cryptocurrency market is going through a price correction period as a result of the “tariff war” The US President Donald Trump unleashed.

On April 2, within the framework of the “Day of Liberation,” the president announced reciprocal tariffs for a dozen countries, including China, Canada, European Union nations (EU) and all Latin America.

However, on April 9, Trump had a 90 -day break in tariffs, except for China, to which he raised the rates to its imports up to 145%.

The Asian giant, on the other hand, rose the tariffs to 125% and said that for now it is not planned to apply other measures.

This context is not favorable for Bitcoin (BTC) and cryptocurrencies, which They are still classified as risk assets by many investors. For this reason, in times of economic uncertainty, most prefer to place their holdings in safer instruments, such as treasure bonds.

Although the context is not the ideal for the market, Ondarra emphasizes that “the price movements often eclipsan what is happening under the surface, but the fundamental promoters of cryptocurrency growth remain firmly intact.”

For the Binance manager in Argentina and Southern Cone, A sample of this is that institutional interest continues to increaseas demonstrated by money entries in the funds quoted in the stock market (ETF) and the new applications before the United States Stock Exchange and Securities Commission (SEC) to launch new investment products based on cryptocurrencies.

«The market cycles come and go, but the fundamental indicators of the strength of cryptocurrencies – adaptation, liquidity and institutional participation – are only strengthening. Market corrections may feel disturbing, but they are also times when experienced investors are positioned for the next upward trend, ”he remarks. In addition, he says:

«Cryptocurrencies have become a deeply integrated class of assets with global finances, and their ability to recover from falls driven by macroeconomic factors has been tested again and again. For those focused on the overview, volatility presents an opportunity ».

Andrés Ondarra, General Manager of Binance for Argentina and Southern Cone.

An example mentioned by the Executive is the Raise of interest rates by the Federal Reserve (FED) From 2022, as part of its strategy to control inflation in the United States. At that time, BTC fell below $ 20,000, but was recovering its price as the conditions stabilized. “Each fall was a long -term strength signal, instead of marking the end of the impulse of the industry,”

The following graph shows that BTC reached a maximum of $ 109,110, after the price drop indicated by Ondarra.

The impact of a Bitcoin strategic reserve

For Ondarra, one of the main indications of the strengthening of Bitcoin, even in the midst of the market fall, It is the growing interest of companies and institutions to incorporate it as a reserve of value.

In this regard, he considers that “the recent discussions around a strategic BTC and cryptocurrency reserve in the United States are significant, since they could bring a wave of new adoption and take more countries to do the same.”

Trump announced on March 2, through his social networks, his intentions were to form a reserve not only of BTC, but also from Ethher (eth), XRP, Cardano (ADA) and Solana (Sol).

On these initiatives, Ondarra believes that They reflect a vision of the future and confirm that the institutional interest in the ecosystem does not stop growing.

«This, together with the possible regulatory changes and the clarity in the key markets, is further increasing the trust of investors in the cryptocurrency market. We are monitoring the developments closely and we are excited to see what will happen in the near future », complete.

As cryptootics has reported, more and more companies and governments are analyzing the possibility of incorporating BTC into their treasury as a reserve asset.

Like Ondarra, María Fernanda Juppet, CEO of Chilean Exchange Cryptomkt, celebrated this trend and said: “This phenomenon not only validates Bitcoin as an asset of shelter against inflation and volatility, but also reinforces confidence in its ability to preserve long -term value.”

This is because BTC has a limited supply in 21 million units and its broadcast is reduced every four years in an event known as Halving, which influences its medium and long -term price.

In addition, BTC works as a refuge in uncertainty contexts because It does not depend on governments or devalued as fíat money.

And in Argentina? The role of regulation in the adoption of digital assets

Although it is not pronounced on a possible local strategic reserve, Ondarra highlights the importance of A clear regulatory framework to promote the adoption of cryptocurrencies and strengthen confidence in the sector.

In this regard, he says: “We can point out that regulation plays a fundamental role in the configuration of the future of cryptocurrencies and web3, also contributing to the growth of adoption. According to the theories of dissemination of innovation, 2.5% of the population consists of innovatives that are willing to assume risks to adopt a new technology.” In that sense, he adds:

“Then come the first adopters, who represent around 13.5% of society. They are the opinion leaders, our influencers. And this is the point where we are today, as an industry. This means that we are reaching a mass that is more concerned about the balance between risk and return, and regulations play a significant role since they contribute to the confidence of people, so that cryptocurrencies can really become popular between the public in the public general”.

Andrés Ondarra, General Manager of Binance for Argentina and Southern Cone.

The concrete thing is that for the manager of Binance, it is crucial to start working on guaranteeing consumer protection and paving the way for generalized acceptance.

According to his vision, “regulatory legitimacy contributes to the continuous growth of adoption, even among institutional investors.”