Mike McGlone|Apr 14, 2026 12:12
Cryptos: Selling When They're Yelling, Infinite Supply
There may be a few hundred cryptos that matter, but there's effectively an unlimited supply, and Bitcoin was the first. Crypto was among the worst-performing asset classes in 2026 before the Iran war and has since recovered a bit. Is it a bottoming process or a bear-market bounce? My bias leans to the latter due to the overhang of supply and hangover from the launch of US ETFs, along with the reelection of President Donald Trump.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tdhaq9kgctif {BI COMD}
#bitcoin #cryptos @BBGIntelligence(Mike McGlone)
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