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Bitget CEO: U.S. stock market plunge accelerates macro risk reassessment Bitcoin shows resilience
In response to today's sharp decline in U.S. stocks and the market's loss of more than US$1 trillion in market value in a single day, BitgetCEOGraceChen pointed out that this round of adjustment reflects that global markets are reassessing macro risks at a faster rate. As rising oil prices once again fuel inflation concerns, the impact of geopolitical changes is no longer limited to energy markets, but is beginning to affect global capital allocation more directly.<br />
Gracy believes that in this context, Bitcoin will still maintain high volatility in the short term, but compared with previous periods when risk appetite dropped sharply, this round of Bitcoin's performance is relatively stable. This reflects that the overall leverage ratio of the crypto market has dropped significantly, thereby limiting the scale of mandatory liquidations that typically amplify downward pressure during periods of market stress. This relative resilience sends a more noteworthy signal that in an increasingly fragmented macro environment, Bitcoin is beginning to be seen as a more neutral allocation option by some investment portfolios.