Bitcoin ($BTC) Could ‘Outperform’ in H2 As It Moves ‘Toward Global Collateral’, Bloomberg Analyst Suggests

Bitcoin ($BTC) Could ‘Outperform’ in H2 As It Moves ‘Toward Global Collateral’, Bloomberg Analyst Suggests


CryptoGlobe
2022-07-27 03:19:00

Bloomberg Intelligence analyst Mike McGlone has suggested that the flagship cryptocurrency Bitcoin ($BTC) could “outperform” other assets in the second half of the year as it moves “toward global collateral” with performance aligned to that of Treasury bonds or gold. In a post shared on the microblogging platform Twitter, McGlone noted that Bitcoin “may be […]