Economic Reset Alert: Bloomberg Analyst Predicts Bitcoin Crash Below $10,000

Economic Reset Alert: Bloomberg Analyst Predicts Bitcoin Crash Below $10,000

Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a period of stability around the $26,000 mark following the recent speech by Federal Reserve Chair Jerome Powell.  Powell reiterated the central bank’s commitment to maintaining a 2% inflation target in his speech. As economists discuss the implications of this goal, market observers, including Bloomberg’s Senior Macro Strategist Mike McGlone, have weighed in on the potential impact of an impending recession on BTC’s price. Bitcoin Faces Bearish Outlook? During his speech, Chair Powell stressed the....


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