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#Bloomberg Intelligence

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Eric Balchunas Highlights Bitcoin’s Growing Appeal
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Eric Balchunas Highlights Bitcoin’s Growing Appeal

Key Highlights Bloomberg ETF analyst Eric Balchunas identifies a generational shift driving Bitcoin ETF interest, with younger investors favoring cryptocurrency over traditional assets like gold. Despite current low trading volume across the broader crypto market, Bitcoin ETF discussions signal growing institutional confidence and potential reshaping of investment strategies. Market participants are monitoring potential new Bitcoin ...

Bloomberg’s Mike McGlone Warns on Bitcoin, Reveals Condition to Save BTC
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Bloomberg’s Mike McGlone Warns on Bitcoin, Reveals Condition to Save BTC

Bloomberg Intelligence senior commodities strategist Mike McGlone has warned that elevated equity valuations and expectations of further Federal Reserve interest rate hikes are generating strong sell signals for Bitcoin. Bitcoin’s Risk-Adjusted Returns Under Scrutiny McGlone noted that Bitcoin’s performance over the past five years has roughly matched the S&P 500 index, but with approximately three ...