{"id":27029,"date":"2024-03-02T01:28:10","date_gmt":"2024-03-02T01:28:10","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bloomberg-strategist-sees-bitcoin-as-global-alternative-currency-warns-stock-market-drawdown-could-impact-btc\/"},"modified":"2024-03-02T01:28:10","modified_gmt":"2024-03-02T01:28:10","slug":"bloomberg-strategist-sees-bitcoin-as-global-alternative-currency-warns-stock-market-drawdown-could-impact-btc","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bloomberg-strategist-sees-bitcoin-as-global-alternative-currency-warns-stock-market-drawdown-could-impact-btc\/","title":{"rendered":"Bloomberg Strategist Sees Bitcoin as Global Alternative Currency \u2014 Warns Stock Market Drawdown Could Impact BTC"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<br \/>Bloomberg Intelligence&#x2019;s senior commodity strategist, Mike McGlone, says bitcoin is &#x201C;becoming an alternative currency on a global basis,&#x201D; noting that &#x201C;The world&#x2019;s going towards intangible assets and bitcoin is the most significant in cryptos.&#x201D; However, the strategist warned that as bitcoin&#x2019;s price approaches $70,000, a key test for the cryptocurrency may come &#x201C;when the U.S. [&#8230;]<br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/bloomberg-strategist-sees-bitcoin-as-global-alternative-currency-warns-stock-market-drawdown-could-impact-btc\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Bloomberg Intelligence&#x2019;s senior commodity strategist, Mike McGlone, says bitcoin is &#x201C;becoming an alternative currency on a global basis,&#x201D; noting that &#x201C;The world&#x2019;s going towards intangible assets and bitcoin is the most significant in cryptos.&#x201D; However, the strategist warned that as bitcoin&#x2019;s price approaches $70,000, a key test for [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":27030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/27029"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=27029"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/27029\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/27030"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=27029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=27029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=27029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}