McGlone predicts Bitcoin may fall to $10k, pointing out that Tether has a trend of surpassing Bitcoin to become the largest by market value, due to its excellent technology and its base layer of US dollars and US Treasuries. Despite regulatory resistance, macro realities will impact risk assets like Bitcoin. He believes the crypto bull market is historic, and a severe correction is inevitable; if a bubble reoccurs, the consequences will be proportional.

BTC2.81%
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