McGlone Warns SPX Pullback Could Send Bitcoin Price to $10K
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, stressed that high stock prices and upcoming interest rate hikes suggest bitcoin’s price may retrace.
Liquid began recovering from a 4,000 BTC exploit, a cybercrime network admitted stealing more than $245 million in crypto, and reports said Iran is increasingly using bitcoin and.
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Mike McGlone, senior commodity strategist at Bloomberg Intelligence, stressed that high stock prices and upcoming interest rate hikes suggest bitcoin’s price may retrace.
Ethereum price traded near $2,507 as analyst Ali linked a possible $3,000 rally to a weekly close above $2,550
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