The post Bloomberg Analyst Warns of Significant Downside Risk for Bitcoin Amid Rising Interest Rates appeared first on Coinpedia Fintech News In the cryptocurrency world, Bloomberg analyst Mike McGlone raises cautionary flags about the future of Bitcoin, warning that the cryptocurrency may be facing a significant “800-pound gorilla” downside risk. He highlights a significant downside risk that the cryptocurrency is currently facing. McGlone’s Warning Regarding Bitcoin and Rising Interest Rates In a recent interview on macroeconomic …