Bloomberg Analyst Issues Bitcoin and Ethereum Warning, Says Potential Deflation and Recession Could Crush Risk Assets

Bloomberg Intelligence senior macro strategist Mike McGlone is warning Bitcoin (BTC) and Ethereum (ETH) bulls that crypto and risk assets may be in for a correction. McGlone shares a graphic with his Twitter following comparing ETH/BTC, the NASDAQ and the Federal Reserve money supply. According to the analyst, the ETH/BTC pair may be acting as The post Bloomberg Analyst Issues Bitcoin and Ethereum Warning, Says Potential Deflation and Recession Could Crush Risk Assets appeared first on The Daily Hodl .