Bitcoin Magazine October 23, 2026

Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000

Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000
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Bitcoin Magazine

Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000

Bloomberg's Mike McGlone warns Bitcoin could drop to $10K, citing ETF exhaustion, stock correlation, Fed rate hikes, and macro headwinds across assets.

This post Bloomberg’s Mike McGlone: AI Risk Could Force Bitcoin Drawdown to $10,000 first appeared on Bitcoin Magazine and is written by Patrick Green.

Source: Bitcoin Magazine
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