Bitget CEO Gracy Chen weighs in
Bitcoin has been struggling, recently hitting a low of $95,000. Investors are now looking for the next major catalyst that could drive the cryptocurrency market forward.
Bitget CEO Gracy Chen, in a conversation with Bloomberg, shared her insights on potential catalysts to reverse Bitcoin’s slumping price action. Chen pointed out that one major factor could be the new U.S. administration under President Donald Trump. She mentioned that discussions are ongoing, but “nothing is concrete” regarding the inclusion of Bitcoin in the country’s strategic reserve.
She said the administration is “still debating whether and how” Bitcoin (BTC) can be included in the strategic reserve. While discussions are underway,…
