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Bloomberg Strategist Sees Bitcoin as Global Alternative Currency Warns Stock Market Drawdown Could Impact BTC

Bloomberg Strategist Sees Bitcoin as Global Alternative Currency Warns Stock Market Drawdown Could Impact BTC
© Copyright Image: Crypto Breaking News

Bloomberg Intelligences senior commodity strategist, Mike McGlone, says bitcoin is becoming an alternative currency on a global basis, noting that The worlds going towards intangible assets and bitcoin is the most significant in cryptos. However, the strategist warned that as bitcoins price approaches $70,000, a key test for the cryptocurrency may come when the U.S. [] Source: Bitcoin.com

The post Bloomberg Strategist Sees Bitcoin as Global Alternative Currency Warns Stock Market Drawdown Could Impact BTC appeared first on Crypto Breaking News.

Read more: https://www.cryptobreaking.com/bloomberg-strategist-sees-bitcoin-as-global-alternative-currency-warns-stock-market-drawdown-could-impact-btc/

Text source: Crypto Breaking News

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Crypto Breaking News
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Sat, 02 Mar 2024
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