Bitcoin ($BTC) Is Trading at ‘Extreme Discounts’, Says Bloomberg Analyst

Bloomberg commodity strategist Mike McGlone has recently said that Bitcoin ($BTC) and U.S. Treasury bonds are both dropped to “extreme discounts” amid the Federal Reserve’s hawkish moves to tame inflation. According to a tweet McGlone shared with his over 50,000 followers on the microblogging platform, he believes the world’s “most speculative, excessive and safest assets,” […]

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Written by Francisco Memoria

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