Geopolitical tensions and tightening liquidity could trigger a major sell-off across equities and cryptocurrencies, according to Bloomberg Intelligence senior macro strategist Mike McGlone. Bitcoin Could Revert Toward Long-Term Mean McGlone warned in an interview with Cointelegraph on Saturday that escalating tensions between U.S. and Iran could pressure global risk assets.
US-Iran War Could Trigger A 2008-Style Crisis And Drop Bitcoin To $10,000, Bloomberg Analyst Warns
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Bloomberg Intelligence senior macro strategist Mike McGlone warns in a Cointelegraph interview on Saturday that an escalating U.S.-Iran conflict could trigger a 2008-style crisis and drive bitcoin down to $10,000.
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