Bloomberg Intelligence senior macro strategist Mike McGlone is warning the economy is likely to enter a recession, resulting in a drop in cryptocurrency values. In a new interview with crypto influencer Scott Melker, McGlone predicts that the stock market, business earnings and crypto are all going to take a hit in a looming economic downturn. […]

The post Bloomberg Analyst Issues Bitcoin and Ethereum Warning, Says Looming Recession To Weigh Down on Crypto appeared first on The Daily Hodl.

...
Continue reading Bloomberg Analyst Issues Bitcoin and Ethereum Warning, Says Looming Recession To Weigh Down on Crypto

The post Bloomberg Analyst Issues Bitcoin and Ethereum Warning, Says Looming Recession To Weigh Down on Crypto appeared first on The Daily Hodl.
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Bitcoin Charts.
Bitcoin (COIN:BTCUSD)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Bitcoin Charts.