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McGlone Says a 20% S&P 500 Drop Could Push Bitcoin Toward $10,000

TokenPost·October 17, 2026·1 min read
McGlone Says a 20% S&P 500 Drop Could Push Bitcoin Toward $10,000

McGlone said a 20% S&P 500 drop could push Bitcoin toward $10,000. He noted Bitcoin's performance roughly matched the S&P 500 over five years, while its volatility was nearly three times as high, suggesting significant downside risk in a market correction.

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