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The Daily Hodl 2023-08-30 07:04:22

Stock Market Has To Collapse Before Bitcoin Comes Back to Life, According to Bloomberg Strategist – Here’s Why

Bloomberg Intelligence’s senior macro strategist believes that risk assets like stocks need to crash before Bitcoin (BTC) jumps back to life. In a new interview with crypto trader Scott Melker, Mike McGlone says Bitcoin is unlikely to take flight as long as the U.S. Federal Reserve keeps the money printer off. “Here’s what I think The post Stock Market Has To Collapse Before Bitcoin Comes Back to Life, According to Bloomberg Strategist – Here’s Why appeared first on The Daily Hodl .

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