Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst

By Cointelegraph - 1 year ago - Reading Time: 1 minutes

Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst

As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg.

Original source: Cointelegraph