Bitcoin and Ethereum Will Outperform Stocks As Risk Asset Prices Crash, Says Bloomberg Strategist – Here's Why

Bloomberg Intelligence analyst Mike McGlone says it's the top two cryptocurrencies by market cap that will lead to the most gains after the recent price dip that affected all asset classes. In a new interview with Yahoo Finance, McGlone pinpoints the Federal Reserve's interest rate hikes as being more detrimental to the US stock market The post Bitcoin and Ethereum Will Outperform Stocks As Risk Asset Prices Crash, Says Bloomberg Strategist – Here's Why appeared first on The Daily Hodl.

Timeline of Bitcoin, Ethereum

Ethereum investors continue to show faith in their loved altcoin even after the recent crash. Despite the macro headwinds, ETH is now ranging above $2,000 repaying the faith of the investors.

The Bitcoin price prediction increased considerably but despite the rejection, the bullish structure still stays around the $30,000 level. BTC/USD Long-term Trend: Ranging (Daily Chart) [.

After a few weeks of consolidation, Bitcoin was unable to increase and eventually broke to the downside. This resulted in a considerable liquidation cascade and a drop below the critical support level of $30K.

Dubai's Emirates Airline will embrace BTC, NFTs, and also the metaverse will plan to add the number one cryptocurrency as a payment service so let's find out more today in our latest Bitcoin news. The United Arab Emirates's leading flag carrier is set to dive into the digital asset space by leveraging cryptos, NFTs, and

On Thursday (May 12), Arthur Hayes, Co-Founder and former CEO of crypto derivatives exchange BitMEX, talked about the current state of the crypto market and at what levels he will feel comfortable with buying more Bitcoin and Ethereum. In a blog post published on May 12, Hayes said: “During a proper meltdown, the market seeks

Bitcoin price analysis is bearish today as we have seen another lower high set at $31.000 and another push lower this morning below $29,500. Therefore, BTC/USD is ready to decline and look to test further downside over the next days.

Bitcoin (BTC/USD) looked for fresh technical sentiment early in the Asian session as the pair continued to orbit the psychologically-important 30000 figure after trading as low as the 25338.53 area, its weakest print since the last few trading sessions of 2020.   Buying pressure pushed BTC/USD to the 30990 area before momentum stalled, just below the 76.4% retracement of the appreciating range from 21913.84 to 61788.45.

The co-founder of the crypto exchange platform BitMEX predicts Bitcoin (BTC) and Ethereum (ETH) will continue to fall in price in the wake of this week's Terra (LUNA) collapse. In a new blog post, Arthur Hayes says he's gearing up to accumulate both crypto assets as he anticipates a drop to major cyclical lows. According The post Crypto Capitalist Arthur Hayes Forecasts Dramatic New Lows for Bitcoin (BTC) and Ethereum (ETH) appeared first on The Daily Hodl.

Following a strong rebound on Friday, crypto prices moved back into the red today, with BTC falling below $30,000 to start the weekend. ETH also moved lower, as its own price slipped below the $2,000 level during Saturday's session. Bitcoin On Saturday, bitcoin's price fell below $30,000, as crypto bears returned to action to start

It's a nightmare week for cryptocurrency investors as the sell-off continues. Bitcoin plummeted to its lowest valuation since December 2020, with significant gains wiped away from major altcoins.