Why are the Crypto Prices Dwindling? This Analyst Answers Some of the Reasons
Mike McGlone, a senior macro analyst at Bloomberg Intelligence, explained (1) the major factor that led to a decline in the price of Bitcoin and other cryptocurrencies. McGlone mentioned the hawkish inflation-curbing stance of the US Federal Reserve as the major issue that could impose negative pressure on riskier assets like crypto assets in his … Read more