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.
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Author: Cointelegraph By Brian Quarmby
in Bitcoin Price, Bloomberg, Crypto market crash, Ethereum Price, federal reserve, Interest rate hikes, Mike McGlone
‘FED sledgehammer’ will further batter BTC, ETH prices, says Bloomberg analyst
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