Bloomberg strategist compares Bitcoin's declining volatility to Amazon stocks in 2009
The Fed's position against risk-on assets is purging the most speculative assets, such as meme coins.The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has forecasted the declining volatility against stock markets will allow Bitcoin and Ethereum to come out aheadWhile crypto markets have suffered greatly since the start of May, bearish conditions can only last finitely and there are signs the downturn is coming to an end or at least abating. In a recent interview with Yahoo Finance, Mike McGlo … Read More
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