The post Bitget’s Gracy Chen says $1t US stock wipeout is speeding up macro reset appeared on BitcoinEthereumNews.com.

Bitget CEO Gracy Chen says a $1t single‑day US stock wipeout is accelerating a global macro risk reset, while lower leverage helps Bitcoin act more like a neutral portfolio allocation than a pure risk punt. Summary Over $1 trillion was wiped from US stocks in a single day as risk assets sold off. Bitget CEO Gracy Chen says the slide has accelerated a global “reassessment of macro risks.” Bitcoin’s smaller drawdown and lower leverage hint at growing status as a neutral allocation. In the wake of a sharp US equity selloff that erased more than $1 trillion in market value in a single session, Bitget CEO Gracy Chen says the rout is forcing investors to reprice macro risk at a much faster clip while Bitcoin (BTC) is starting to behave more like a neutral, portfolio-level allocation than a pure risk-on punt. According to ChainCatcher, the CEO’s remarks are the latest on top of a broader drawdown that has already knocked trillions off US benchmarks since President Donald Trump’s second-term tariff agenda reignited inflation fears and hit tech-heavy names. As of Friday morning, Bitcoin was trading around $66,500, down roughly 4% on the day but still outpacing major stock indices on a relative basis. Gracy Chen: $1t US stock selloff shows Bitcoin becoming neutral allocation Chen argued that the current move is less about idiosyncratic crypto stress and more about global portfolios digesting a new regime of higher energy prices, stickier inflation, and geopolitical conflict spilling over into capital allocation decisions. “This round of adjustment reflects that global markets are reassessing macro risks at a faster pace,” she said, adding that as oil spikes again, “the impact of geopolitical changes is no longer limited to the energy market but is beginning to more directly affect global capital allocation.” The comment comes…

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Filed under: News - @ March 27, 2026 4:22 pm