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Ana Zirojević

Bloomberg's McGlone Says 2025-26 Crypto Swings Rival 1929-30 Market Volatility

Bloomberg Intelligence strategist Mike McGlone compares crypto market turbulence in 2025-26 with volatility during the 1929-30 U.S. stock market crash. He argues Bitcoin is acting as a high-beta liquidity gauge as BTC trades around $76,069 with double-digit percentage losses over the past week and month.