Bitcoin ETF: Rally Over? Analyst Warns of Sharp Drop

Bitcoin ETF: Rally Over? Analyst Warns of Sharp Drop

Bitcoin ETF Rally Losing Steam? Analyst Predicts a Significant Price Drop to $10,000 The recent surge in Bitcoin’s price following the launch of US spot Bitcoin exchange-traded funds (ETFs) has been impressive, with BlackRock’s iShares Bitcoin Trust playing a key role. However, a leading Wall Street analyst, Mike McGlone of Bloomberg Intelligence, suggests this rally may be nearing its end. He argues that gold’s significantly stronger performance...


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