Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains

Mike McGlone, senior commodity strategist at Bloomberg Intelligence, explains why the ongoing banking crisis will likely spark the next crypto bull run and how Bitcoin will outperform altcoins.

Highlights

• The U.S.
• Federal Reserve’s unwillingness to ease monetary policy is driving the economy into a recession.
• Bitcoin is likely to outperform all other cryptocurrencies, according to McGlone.
• The more the Bitcoin can sustain above $25,000, then the more the S&P 500 potentially pressures below that Bitcoin is going to take off, he says.
• Watch the full interview on our YouTube channel, and don’t forget to subscribe to the full video interview with CNN.com’s Mark Wallisman.com/Heroes.com to see how the next Bitcoin market is shaping up.com.com Live.com.

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