The Economic Times

Bitcoin price (BTC USD) could crash to $10,000 as markets face 2008-style turmoil, Bloomberg analyst warns

Bitcoin BTC USD price crash prediction: Bitcoin faces a potential 87% downturn, possibly reaching $10,000, according to Mike McGlone. This grim forecast follows a 20% drop in two weeks and a 40% decline from its all-time high. The warning coincides with market selloffs triggered by Kevin Warsh's hawkish Fed nomination and geopolitical tensions.