Ethereum Price May Fall Below $2000, Says Bloomberg Analyst — Is It Likely?

Key Takeaways Bloomberg’s Mike McGlone warns of Ethereum sustained downside risk. Other strategists disagree on the near-term outlook. The predictions come amid the ERC-8004 announcement. A prominent Bloomberg analyst has issued a bearish outlook on Ethereum’s price, warning that the world’s second-largest cryptocurrency could fall below $2,000 and struggle to regain higher levels. Bloomberg Analyst Flags Ethereum Price Risks Bloomberg Intelligence senior commodity strategist Mike McGlone said E ...