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Bitcoin dumps to $71,000: Hormuz crisis could mean 'oil volatility will kill it,' Bloomberg analyst warns
Bitcoin BTC rallied as high as $73,000 amid traffic in the Strait of Hormuz clogging up, but Bloomberg Intelligence commodity strategist Mike McGlone warned oil volatility will spill into stocks and ...
Bitcoin investors may want to brace themselves for a significant downturn. According to Bloomberg Intelligence commodity strategist Mike McGlone, the world’s most popular cryptocurrency could be ...
Bloomberg Intelligence macro strategist Mike McGlone said Monday that collapsing crypto prices may signal broader financial stress, warning bitcoin could revert toward $10,000 and potentially ...
Bloomberg Intelligence's senior commodity strategist Mike McGlone has often repeated his bearish outlook that Bitcoin (BTC) is likely to drop to $10,000. But his latest reiteration comes with another ...
Bitcoin BTC dropped roughly 50% from its October all-time high instead of the 80%-90% crashes seen in previous cycles, signaling market maturation, though Bloomberg’s Mike McGlone still predicts a ...
There may be yet another cold crypto winter in store for Bitcoin investors. Bitcoin has essentially been in a nosedive for the entire month of November, with the cryptocurrency falling below $100,000 ...
Analysis warned that Bitcoin risked falling to $10,000 in the long term as BTC price action fell with US stocks amid oil-supply concerns. Bitcoin (BTC) received a $10,000 price warning as stocks took ...
Mike McGlone, senior macro strategist at Bloomberg, thinks that the escalation in the war between the U.S.-Israel and Iran could trigger a downturn in the stock and crypto markets. In an interview ...
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