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The Daily Hodl 2023-06-09 14:30:30

Two Major Catalysts Are a Boon for Ethereum Price, Says Bloomberg Analyst Mike McGlone – But There’s a Catch

Bloomberg Intelligence’s senior macro strategist Mike McGlone says that two major catalysts could send Ethereum (ETH) much higher. In a tweet to his 58,000 followers, McGlone says that rising demand for ETH and a declining supply are bullish signs for the smart contract platform. However, the macro strategist says headwinds from continued Federal Reserve rate The post Two Major Catalysts Are a Boon for Ethereum Price, Says Bloomberg Analyst Mike McGlone – But There’s a Catch appeared first on The Daily Hodl .

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