Bitget CEO Gracy Chen Calls Trump-Musk Feud a Distraction, Says Crypto Fundamentals Remain Strong Amid Political and Market Uncertainty

Bitget CEO, Gracy Chen, posted a bullish update on June 7 via X, citing strengthening crypto fundamentals. She described the market as firmly “on track,” attributing its momentum to key macro signals. Chen said Bitcoin’s uptrend begins with market consensus, liquidity waves, and currency debasement. Her comments followed a record $10 billion U.S. Treasury buyback and concerns over deteriorating bond market confidence. She also referenced the Trump-Musk feud, calling it a “meme,” urging focus on financial shifts instead. Her view underscores growing investor attention to Bitcoin as a macro hedge amid global economic pressures.

Global Economic Pressure Sparks Bullish Crypto Sentiment

Gracy Chen’s June 7 comments align with broader market fears around global economic stability. Central banks across the U.S., EU, and China face mounting pressure to ease monetary policy. Signs of stress have surfaced, including volatility in bond markets and declining trust in long-term U.S. Treasuries. Despite Treasury buybacks, institutional confidence has weakened. 

Chen emphasized how these signals mark the beginning of a new liquidity cycle. She also highlighted more than $500 billion in expected Q4 U.S. Treasury borrowing, framing it as a potential turning point. Regulatory clarity and weakening dollar strength have also added fuel to Bitcoin’s May all-time high. This macro landscape has amplified Bitcoin’s value proposition. With traditional systems showing cracks, digital assets are gaining ground as reliable hedges.

Trump-Musk Feud Underscores Distracting Political Volatility

Gracy Chen’s post also touched on the intensifying Trump-Musk feud, calling it a “meme” and dismissing it as ego-driven noise. Her remarks followed days of escalating tension between the two billionaires. Musk recently promoted a potential new “America Party” and criticized Trump’s One Big Beautiful Bill.

The fallout began after Trump accused Musk on June 6 of undermining his signature bill. Musk denied involvement, slammed Trump’s EV policy, and questioned Trump’s association with Epstein. In response, Trump threatened to cut subsidies and contracts benefiting Musk’s firms. Tesla stock crashed by over 14%, erasing $152 billion in value and costing Musk nearly $9 billion. The feud, which started after a political fallout post-Musk’s White House exit, is now distracting public attention from pressing financial changes.

Bitcoin Poised as Macro Hedge in New Liquidity Cycle

Chen’s analysis suggests Bitcoin’s rally is far from over. She identified three stages of Bitcoin’s uptrend. The first phase involves market consensus forming around easing. The second begins once liquidity flows through global economies. The final phase sees aggressive monetary expansion. As traditional currencies face structural risks, investors are turning to Bitcoin as protection. 

Regulatory clarity in the U.S. and EU adds confidence. With bond markets flashing stress, the shift toward decentralized assets gains urgency. Chen’s timeline aligns with a growing belief among institutional investors. The weakening U.S. dollar and increasing fiscal deficits may speed up this transition. The Trump–Musk feud, while dramatic, remains a side story compared to this financial evolution.

Shifting Focus: From Political Drama to Financial Reality

Gracy Chen’s comments serve as a reminder to stay focused on structural economic trends. Political theatrics like the Trump-Musk feud, though headline-grabbing, mask deeper financial changes. The world may be entering a multi-year easing cycle. U.S. rate cuts, surging Treasury debt, and bond market stress form the backdrop. Bitcoin’s resilience in this environment signals growing maturity. The digital asset space may soon enter a new adoption wave, driven by macro uncertainty and institutional hedging. Chen’s statement, “Crypto’s still on track”, captures the current sentiment among savvy investors. Her warning about the U.S. dollar’s ticking clock highlights the urgency to front-run policy shifts.

Liquidity Front-Running Shapes New Crypto Era Amid Trump-Musk Feud

As global liquidity prepares to flood markets, investors are positioning early. The keyword is “front-running”, buying before easing officially begins. Bitcoin stands out as a preferred vehicle for this strategy. Its decentralized nature, limited supply, and growing institutional access offer stability during fiat uncertainty. While the Trump-Musk feud may dominate headlines, underlying capital flows tell a different story. Gracy Chen’s bullish stance reflects confidence in this financial transformation. With inflation controls weakening and rate cuts looming, the crypto market seems ready to enter the next growth phase.