By Cointelegraph - 1 year ago - Reading Time: 1 minutes
‘FED sledgehammer’ will further batter BTC, ETH prices, says 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