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#bloomberg-intelligence News & Analysis

2 articles tagged with #bloomberg-intelligence. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

2 articles
CryptoBearishU.Today · Jun 17/10
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Bitcoin to $10,000? Top Bloomberg Expert Predicts Groundbreaking 86% Crash for Crypto

Bloomberg Intelligence has identified a technical sell signal in Bitcoin following its late-May decoupling from the S&P 500, suggesting a potential 86% crash to $10,000. This analysis highlights growing concerns about Bitcoin's correlation breakdown with traditional equities and potential downside vulnerability in the crypto market.

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CryptoBullishCoinDesk · Jun 26/10
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Bitcoin ETF outflows are noise as Wall Street doubles down on crypto, says analyst

Bloomberg Intelligence analyst Eric Balchunas argues that recent Bitcoin ETF outflows should not be overinterpreted as a sign of weakening institutional adoption. Despite headline-grabbing outflow numbers, Balchunas contends that Wall Street's broader commitment to cryptocurrency integration remains strong and intact.

Bitcoin ETF outflows are noise as Wall Street doubles down on crypto, says analyst
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