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Bloomberg Analyst Warns Crypto Faces a Lose-Lose Scenario

Josh1 min read

Mike McGloneMike McGlone stressed that, since 2017, crypto has been performing poorly with increasingly high volatility levels, and that the reason behind this behaviour could be linked to a hawkish turn by the Federal Reserve and an overstretched SPX index valuation. McGlone Warns About Crypto’s Demise As The Fed Turns Hawkish Mike McGlone, Senior Commodity Strategist […]

Source: https://news.bitcoin.com/price-predictions/bloomberg-analyst-warns-crypto-faces-a-lose-lose-scenario/

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