Bloomberg Analyst Says This Has To Happen for Fed Easing and Sustained BTC Rally

Bloomberg Analyst Says This Has To Happen for Fed Easing and Sustained BTC Rally


The Crypto Basic
2023-02-22 05:48:31

The markets have rallied on the expectations of a Fed pivot, but McGlone expresses skepticism. Bloomberg Intelligence Senior Macro Strategist Mike McGlone has noted that a stock market dump might be necessary to pivot the Fed toward economic easing. McGlone said this in notes attached to a tweet yesterday. According to McGlone, Bitcoin and equity The post Bloomberg Analyst Says This Has To Happen for Fed Easing and Sustained BTC Rally first appeared on The Crypto Basic .