Bitcoin could outpace stocks and hit $100,000 this year despite recent crash says expert

BITCOIN could outpace stocks and reach $100,000 this year despite a recent crash, according to one expert. Bloomberg’s Mike McGlone predicts Bitcoin will dominate the crypto market in 2022, and Etherium will hit $5,000. “Expectations for Federal Reserve rate hikes in 2022 may support a win-win scenario for Bitcoin vs. the stock market,” said McGlone. This analysis comes after several well-known cryptocurrencies nosedives this week. Bitcoin was down almost 12 percent over the last seven days as of 9:30am Friday morning, according to CoinBase. At the same time, Shiba Inu was down almost 15 percent over seven days, and Ethereum… Read Full Article