Mike McGlone stressed that, since 2017, crypto has been performing poorly with increasingly high volatility levels, and that the reason behind this behaviour could be linked to a hawkish turn by the Federal Reserve and an overstretched SPX index valuation. McGlone Warns About Cryptos Demise As The Fed Turns Hawkish Mike McGlone, Senior Commodity Strategist []
Mike McGlone stressed that, since 2017, crypto has been performing poorly with increasingly high volatility levels, and that the reason behind this behaviour could be linked to a hawkish turn by the Federal Reserve and an overstretched SPX index valuation. McGlone Warns About Cryptos Demise As The Fed Turns Hawkish Mike McGlone, Senior Commodity Strategist []
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