Bitget CEO: US stock market crash accelerates macroeconomic risk reassessment, Bitcoin shows resilience

In response to today's sharp decline in US stocks, which wiped out over $1 trillion in market capitalization in a single day, Bitget CEO Gracy Chen pointed out that this round of adjustment reflects that global markets are reassessing macroeconomic risks at a faster pace. As rising oil prices further fuel inflation concerns, the impact of geopolitical changes is no longer limited to the energy market but is beginning to more directly affect global capital allocation. Gracy believes that against this backdrop, Bitcoin will remain highly volatile in the short term, but compared to previous periods of sharp declines in risk appetite, Bitcoin's performance this time has been relatively stable. This reflects a significant decrease in the overall leverage ratio of the crypto market, thus limiting the scale of forced liquidations that typically amplify downward pressure during periods of market stress. This relative resilience sends a more noteworthy signal: in an increasingly fragmented macroeconomic environment, Bitcoin is beginning to be viewed as a more neutral allocation option by some investment portfolios.