Bitcoin
Bitcoin on Track for $10,000 if S&P 500 Drops 20%, Bloomberg Strategist Insists
U.Today·October 16, 2026·1 min read
Bitcoin faces an 80% collapse to $10,000 if the US stock market drops 20%, according to a Bloomberg Intelligence outlook. The strategist insists Bitcoin is on track for that level under such a scenario. This warning highlights Bitcoin's correlation with traditional markets.
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