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FAMEEX Hot Topics | Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession

2023-02-09 10:23:05

Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.” The Federal Reserve tightening despite the risk of a recession “could be a primary headwind for most risk assets, notably cryptos,” he added.

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