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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 meaningfully to $10,000, serving as a leading indi...

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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 meaningfully to $10,000, serving as a leading indicator of a risk-asset drawdown. Bloomberg’s McGlone: Bitcoin’s ‘A Dud,’ ‘Beta’ While the cryptocurrency market enjoyed one of its finest Augusts ever, with Bitcoin prices […]

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Bitcoin is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.

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