Bloomberg's senior commodity strategist Mike McGlone says Bitcoin could be on the verge of developing a 'potential island bottom' similar to 2018, but with one major nagging difference.
just yet as there are challenging macroeconomic conditions and pressure from interest-rate hikes.
"Liquidity is being pulled away still and if the NASDAQ breaks down, everything breaks down, Bitcoin is going to be part of it."Arthur Hayes: Bitcoin bottomed as ‘everyone who could go bankrupt has gone bankrupt’
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Houston public housing waitlist now accepting applications for first time since 2018For the first time in years, eligible applicants can get on the waitlist for affordable rental apartments. You have until Feb. 15 at 4 p.m. to sign up.
Read more »
Elon Musk, Tesla Poised for Trial Over 2018 Tweets Proposing to Take Car Maker PrivateElon Musk is headed to court in a securities-fraud trial over tweets from 2018 in which he floated the possibility of taking Tesla private, with in-person jury selection poised to begin Tuesday
Read more »
WNBA Legend Maya Moore Announces RetirementLongtime WNBA star Maya Moore officially announced her retirement from the league on Monday morning
Read more »
Binance CEO Trolls Jim Cramer as Bitcoin (BTC) Hits $21,500While $BTC absorbs the fall caused by FTX, CZ compliments famed crypto-hater Jim Cramer and asks for more bitcoin btc bitcoinnews cz binance bnb jimcramer cnbc
Read more »
Bitcoin Dominance at 2-Month High as BTC Stands Firm Above $20K: Weekend WatchDespite sliding slightly since yesterday, bitcoin continues to trade above $20,000.
Read more »
Argo Blockchain's BTC Production in December Crippled by a Winter StormThe miner produced only 147 BTC in December, compared to 198 BTC in November, because of the snow blizzard that hit Texas.
Read more »