‘Fed sledgehammer’ will further batter BTC, ETH prices — Bloomberg analyst

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

‘Fed sledgehammer’ will further batter BTC, ETH prices — Bloomberg analyst

With the Merge resulting in a “buy the rumor, sell the news event,” Mike McGlone thinks that ETH might drop to “$1,000, or even get a bit lower” given how hawkish the Fed has been.

Original source: Cointelegraph