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Bloomberg Analyst Issues Bitcoin and Ethereum Warning, Says Potential Deflation and Recession Could Crush Risk Assets

By Daily Hodl Staff at 2026-06-15 23:48

Sentiment: Negative

Bloomberg Intelligence senior macro strategist Mike McGlone is warning Bitcoin (BTC) and Ethereum (ETH) bulls that crypto and risk assets may be in for a correction. McGlone shares a graphic with his Twitter following comparing ETH/BTC, the NASDAQ and the Federal Reserve money supply. According to the analyst, the ETH/BTC pair may be acting as […] The post Bloomberg Analyst Issues Bitcoin and Ethereum Warning, Says Potential Deflation and Recession Could Crush Risk Assets appeared first on The Daily Hodl. Continue reading...

Categories: Bitcoin

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

Source The Daily Hodl