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Bitcoin Could Crash $10,000 if Equities Drop 20%, Bloomberg's McGlone Warns

Oct 23, 2026 · 09:40 AM ET· updated 1h ago
Bitcoin Could Crash $10,000 if Equities Drop 20%, Bloomberg's McGlone Warns

McGlone warns Bitcoin could fall to $10,000 amid an equity selloff, Fed tightening and AI risks. He favors stablecoins and Treasuries.

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Why It Matters

One analyst thinks Bitcoin might drop a lot if stocks fall hard. He thinks safer choices like stablecoins might be smarter right now.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.