Bitcoin: The 80,000 Dollar Threshold Becomes Decisive, According to Bloomberg

The cryptocurrency market is approaching a new observation point, while traditional assets are holding up better. Mike McGlone, senior commodity strategist at Bloomberg Intelligence, warns of a possible inflection. According to him, the performance of bitcoin against U.S. Treasury bonds could weigh on several markets. The 80,000 dollar threshold notably draws his attention. A prolonged weakness below this level could exacerbate difficulties in…