Tag: bear markets

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Commodity Strategist Mike McGlone Predicts a Recession as Top Catalyst for Gold’s Rise Above $2,000

This week, Bloomberg Intelligence senior macro strategist Mike McGlone shared his March outlook and noted that the “top catalyst” that could push gold above the $2,000-per-ounce range is a recession. McGlone further explained in an update about bitcoin and the Nasdaq that a key ingredient to force the U.S. Federal Reserve to pivot its stance…
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After More Than 380 Days, Crypto Supporters Celebrate Surviving the Second-Longest Bitcoin Bear Market

On Saturday, members of the forum r/cryptocurrency discussed how the current bear market is now the second-longest bear market in the history of bitcoin prices. According to the forum post, the current crypto winter has lasted more than 380 days, just below the longest bitcoin downturn that took place during the 2013-2015 bear market, which…
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How HAL and Aldrin are helping to keep crypto assets secure during bear markets

Both firms say they allow traders to make real-time moves in responding to their risky crypto positions. Crypto bear markets are known for their downturns and their liquidations for investors who are trading with leverage. On top of that, decentralized finance, or DeFi, projects can become targeted by hacks or suffer rug pulls, leading to…
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