‘FED sledgehammer’ will further batter BTC, ETH prices, says Bloomberg analyst

Cryptocurrency News and Public Mining Pools

‘FED sledgehammer’ will further batter BTC, ETH prices, says Bloomberg analyst

With the Merge resulting in a ‘buy the rumor, sell the news event,’ Mike McGlone thinks that ETH might drop to “$1,000, or even get a bit lower” given how hawkish the Fed has been.