What skills do you learn from riding a bike?

Could you elaborate on the various skills that one acquires from the experience of riding a bike? Do you believe it enhances balance, coordination, and physical fitness? Are there any mental benefits, such as improved focus, confidence, or problem-solving abilities? Additionally, does the act of riding a bike foster a sense of independence and freedom? How does it impact one's ability to navigate through traffic safely and responsibly? I'm curious to know the holistic perspective on the skills learned from cycling.