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Bloomberg Strategist Sees Bitcoin as World Alternative Currency — Warns Inventory Market Drawdown Could possibly maybe well Affect BTC

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, says bitcoin is “turning into one more foreign money on a world foundation,” noting that “The area’s going against intangible resources and bitcoin is basically the major in cryptos.” Then yet again, the strategist warned that as bitcoin’s designate approaches $70,000, a key take a look at for the cryptocurrency could come “when the U.S…
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