Bloomberg’s Mike McGlone says the Bloomberg Galaxy Crypto Index fell below 2,000 to about 1,660 by Aug. 12. He says Bitcoin and the broader crypto market remain

BWB News TV • 2026-08-13 10:26 UTC • By Billy Odell Tucker-Robinson

Bloomberg’s Mike McGlone says the Bloomberg Galaxy Crypto Index fell below 2,000 to about 1,660 by Aug. 12. He says Bitcoin and the broader crypto market remain in a bear market, with indicators pointing to more downside.

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