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

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

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 .

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