Mike McGlone from Bloomberg Intelligence warns that geopolitical tensions and tightening liquidity could trigger massive sell-offs in equities and cryptocurrencies. He predicts U.S. stocks could decline by as much as 50%, while Bitcoin could retreat to around $10,000 and lead a broader risk-asset selldown. He emphasizes that market volatility is disconnected, with gold's volatility being 2.5 times that of the S&P 500 Index, and believes recent oil price spikes may be nothing more than a temporary bull trap.

BTC1.89%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes