Bitcoin’s slide could signal broader market problems and a US recession, says Mike McGlone
Bloomberg Intelligence macro strategist Mike McGlone said Monday that collapsing crypto prices could signal broader financial stress, warning that bitcoin could return toward $10,000 and potentially herald the next U.S. recession. In a post on X, McGlone also said the long-standing “buy the dip” mentality that has supported risk assets since 2008 could break down […]









