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3232Bloomberg Strategist Sees Bitcoin as Global Alternative Currency — Warns Stock Market Drawdown Could Impact BTC
https://www.digit.info/bloomberg-strategist-sees-bitcoin-as-global-alternative-currency-warns-stock-market-drawdown-could-impact-btc/
Sat, 02 Mar 2024 01:05:05 +0000https://www.digit.info/2024/03/02/bloomberg-strategist-sees-bitcoin-as-global-alternative-currency-warns-stock-market-drawdown-could-impact-btc/Read more]]>Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the most significant in cryptos.” However, the strategist warned that as bitcoin’s price approaches $70,000, a key test for the cryptocurrency may come “when the U.S. […]
Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “becoming an alternative currency on a global basis,” noting that “The world’s going towards intangible assets and bitcoin is the most significant in cryptos.” However, the strategist warned that as bitcoin’s price approaches $70,000, a key test for the cryptocurrency may come “when the U.S. […]
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