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The Daily Hodl 2023-08-14 18:05:59

Bloomberg Strategist Says Greatest Rug Pull of Liquidity Ever Pushing US Into Recession and Bitcoin Into Correction

Bloomberg Intelligence’s senior macro strategist Mike McGlone says that a liquidity crunch will soon push the economy into a recession and cause a Bitcoin (BTC) correction. In a new interview with crypto influencer Scott Melker, McGlone predicts that the Federal Reserve will remain hawkish at least for the rest of 2023 to draw down inflation The post Bloomberg Strategist Says Greatest Rug Pull of Liquidity Ever Pushing US Into Recession and Bitcoin Into Correction appeared first on The Daily Hodl .

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