Macro Finance
Bloomberg Analyst Warns Crypto Faces a Lose-Lose Scenario
Bitcoin.com News·September 21, 2026·1 min read
Bloomberg analyst Mike McGlone warned that crypto faces a lose-lose scenario, citing poor performance and high volatility since 2017. He linked the behavior to a hawkish Federal Reserve and overstretched SPX index valuation, suggesting potential further downside for digital assets.
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