Bitget CEO told Bloomberg that macroeconomic policies in December will determine the direction of the crypto market.

Odaily Planet Daily reported on November 12th that Bitget CEO Gracy Chen gave an interview to Bloomberg Crypto, sharing four key market insights:

1. DATs primarily benefit the project team, but their value to investors is questionable.

2. The pressure on altcoins after the crash on October 11th is a structural problem rather than a temporary phenomenon.

3. Market pricing power has shifted to Wall Street's dominance.

4. December will be a crucial macroeconomic window, with the end of the government shutdown and interest rate adjustments setting the tone for the market.

Chen specifically pointed out that if the liquidity environment improves, cryptocurrencies and US stocks may gain upward momentum in tandem.