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Bloomberg Analyst Mike McGlone Warns Bitcoin and Other Crypto Assets Could Crash if This Happens

By Daily Hodl Staff at 2026-05-08 07:57

Sentiment: Negative

Bloomberg Intelligence’s senior macro strategist Mike McGlone is expressing bearish sentiment on Bitcoin (BTC) and other crypto assets. In a new Blockworks Macro interview, McGlone says that he sees the stock market falling off a cliff. According to the macro analyst, most altcoins will likely witness a severe correction following a drop in the stock […] The post Bloomberg Analyst Mike McGlone Warns Bitcoin and Other Crypto Assets Could Crash if This Happens appeared first on The Daily Hodl. Continue reading...

Categories: Bitcoin

Tags: #Bitcoin #Trading #BTC #ETH #Ethereum #News

Source The Daily Hodl