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Cryptocurrencies: 29428
Markets: 111488
Market Cap: $2,207,980,915,992     
24h Vol: $45,743,093,420
Bitcoin.com 2023-02-09 00:30:46

Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession

Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession
Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.” The Federal Reserve tightening despite the risk of a recession “could be a primary headwind for most risk assets, notably cryptos,” he added. ‘Cryptos May Be Facing Their First Real Recession’ Bloomberg Intelligence (BI), the research arm
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