Bloomberg Intelligence’s Senior Macro Strategist, Mike McGlone, has issued a warning that Bitcoin could experience a price drop of over 60%. McGlone points to negative liquidity and rising global interest rates as the main factors contributing to this outlook, despite signs of an impending recession. McGlone maintains that the United States is likely to face […]
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Bitcoin Could Drop to $10K Amid Economic Uncertainties, Warns Bloomberg’s Mike McGlone
