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Home / More News / Bloomberg Analyst Warns Crypto Faces a Lose-Lose Scenario

Bloomberg Analyst Warns Crypto Faces a Lose-Lose Scenario

  Crypto Today
Bloomberg Analyst Warns Crypto Faces a Lose-Lose Scenario
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: Bitcoin.com News


  Crypto Today