Story thread · 2 reports / 2 sources

Bloomberg Analyst Warns Crypto Faces a Lose-Lose Scenario

news.bitcoin.com · 7h · first report

Mike 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 […]

The coverage

  1. Bitcoin and Crypto Face a “Lose Lose” Fed Trap as Stocks Reach Historic Extremes, Mike McGlone Warns

    finance.yahoo.com · 4h

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