
Gracy Chen
The CEO of BitGet who discusses the current state of the crypto market and its implications.
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Aug 5, 2024 • 15min
MARKETS DAILY: Crypto Update | BitGet CEO on Overall Crypto Market Turmoil
Gracy Chen, the CEO of BitGet, shares her insights on the current turmoil in the crypto market. She discusses the major downturn affecting Bitcoin and Ether, tying it to negative sentiment and institutional influence. Gracy also explores potential recession impacts on crypto, highlighting how traditional financial dynamics are increasingly affecting digital currencies. Lastly, she examines the role of political events, particularly the upcoming U.S. presidential election, and its implications for the future of the crypto industry.

Aug 5, 2024 • 15min
Crypto Update | BitGet CEO on Overall Crypto Market Turmoil
Gracy Chen, the CEO of BitGet, dives into the current turmoil in the cryptocurrency market, highlighting declines in Bitcoin and Ether. She discusses the impact of negative economic sentiment and institutional investor behavior on crypto prices. Chen also addresses concerns about a potential U.S. recession and suggests that price dips present strategic buying opportunities for Bitcoin. Additionally, she shares insights on how upcoming elections and political dynamics may influence the crypto landscape.