Sentiment: Negative
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Potential US Debt Default Could Crush Crypto and Stock Markets, Warns Bloomberg Strategist
By Daily Hodl Staff at 2026-06-17 09:40
Sentiment: Negative
Bloomberg Intelligence’s senior commodities analyst Mike McGlone believes that risk assets will be worse off if the US defaults on its debt. McGlone says in a new Wolf of All Streets roundtable discussion that he is bearish on crypto assets and stocks while bullish on gold amid negotiations to raise the US debt ceiling before […] The post Potential US Debt Default Could Crush Crypto and Stock Markets, Warns Bloomberg Strategist appeared first on The Daily Hodl. Continue reading...
Categories: Trading
Tags: #Trading #Crypto #mike mcglone #News
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