News Snapshot:
Bitcoin ( bitcoin ) will soon cease to be a risk asset, and investors should brace for a new price correction, said one of Bloomberg’s best-known analysts. in an appearance wolf of all streets On the January 18 podcast, Mike McGlone, senior commodities strategist at Bloomberg Intelligence, raised the alarm The claim that global markets “only go up”. McGlone: Bitcoin’s ‘least risky’ cryptocurrency bet Those hoping for a big comeback will be disappointed by McGlone’s medium-term forecast as Bitcoin struggles in 2022. He said the U.S. Federal Reserve will all but guarantee an end to unlimited gains in stocks —...
