News/FAMEEX Hot Topics | Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession
FAMEEX Hot Topics | Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession
2023-02-09 02:23:05Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.” The Federal Reserve tightening despite the risk of a recession “could be a primary headwind for most risk assets, notably cryptos,” he added.
Extract from article of news.bitcoin
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FAMEEX's official view.
Other Articles in This Category
FameEX Hot Topics | Bitcoin's Stability Signals Potential Growth in 2025FameEX Morning Crypto News Recap | January 15, 2025FameEX Morning Crypto News Recap | January 14, 2025FameEX Hot Topics | Bitcoin Mining Difficulty Reaches 110.45 Trillion Amid Revenue DropFameEX Weekly Market Trend | January 13, 2025FameEX Morning Crypto News Recap | January 13, 2025FameEX Hot Topics | NYDIG: Crypto Commitments Could See Delays as Trump’s Inauguration NearsFameEX Morning Crypto News Recap | January 10, 2025FameEX Hot Topics | Is the Bitcoin Bull Run Ending? Analyst: Metrics Don’t Suggest a 'Market Peak' YetFameEX Weekly Market Trend | January 9, 2025