{"id":40251,"date":"2026-04-07T09:15:07","date_gmt":"2026-04-07T09:15:07","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=40251"},"modified":"2026-04-07T09:15:07","modified_gmt":"2026-04-07T09:15:07","slug":"bloomberg-analyst-mike-mcglone-predicts-massive-flippening-says-usdt-will-overtake-ethereum-and-bitcoin","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=40251","title":{"rendered":"Bloomberg Analyst Mike McGlone Predicts Massive \u2018Flippening,\u2019 Says USDT Will Overtake Ethereum and Bitcoin"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"600\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2025\/05\/crypto-capital-planet.jpg?resize=1024,600\" class=\"webfeedsFeaturedVisual wp-post-image\" alt=\"\" \/><\/p>\n<p>Bloomberg Intelligence senior commodity strategist Mike McGlone believes major shifts in the crypto market are underway, including a potential \u201cflippening\u201d led by stablecoins.<\/p>\n<p>McGlone <a href=\"https:\/\/x.com\/mikemcglone11\/status\/2040831238756241733\" rel=\"noopener\" target=\"_blank\">says<\/a>\u00a0Bitcoin (<a href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\" rel=\"noopener\" target=\"_blank\">BTC<\/a>) will likely revisit significantly lower levels, potentially dropping toward $10,000 by 2026 as broader market conditions shift.<\/p>\n<p><em>\u201cPotential $10,000 Bitcoin in 2026. Prove me wrong \u2013 stay above $75,000. Before the biggest money pump in history in 2020\u201321, Bitcoin hovered around $10,000, and it may be reverting. Roughly $10,000 is also the first-born crypto\u2019s most traded price since 2017, when futures were launched. First is emphasized because there are now millions of cryptos, with only a few tracking tangible value \u2013 notably stablecoins. <\/em><\/p>\n<p><em>Crypto dollars represent a most enduring trend in the space, with the rising assets under management of dollar-backed tokens, led by Tether. Unlimited crypto supply and use-case rivals are Bitcoin headwinds.\u201d<\/em><\/p>\n<p>McGlone argues that the rapid expansion of digital assets is creating structural pressure on Bitcoin, despite its fixed supply.<\/p>\n<p><em>\u201cI expect the \u201cflippening\u201d to continue, with Tether\u2019s AUM topping Ethereum in 2026 and eventually Bitcoin. The graphic shows a key driver: a potential stock market rollover and a recovery in volatility. Bitcoin\u2019s first-ever consecutive down years in 2026 may be leading the way.\u201d<\/em><\/p>\n<p>The analyst also points to macroeconomic risks, including the potential for a stock market downturn and rising volatility, as catalysts that could weigh on crypto prices.<\/p>\n<p><em><span>Follow us on <a href=\"https:\/\/x.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span>Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span>Surf <a href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<div class=\"dianomi_context\" data-dianomi-context-id=\"736\"><\/div>\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span><em>Generated Image: Midjourney<\/em><\/span><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/dailyhodl.com\/2026\/04\/07\/bloomberg-analyst-mike-mcglone-predicts-massive-flippening-says-usdt-will-overtake-ethereum-and-bitcoin\/\">Bloomberg Analyst Mike McGlone Predicts Massive \u2018Flippening,\u2019 Says USDT Will Overtake Ethereum and Bitcoin<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/dailyhodl.com\/\">The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bloomberg Intelligence senior commodity strategist Mike McGlone believes major shifts in the crypto market are underway, including a potential \u201cflippening\u201d led by stablecoins. McGlone says\u00a0Bitcoin (BTC) will likely revisit significantly lower levels, potentially dropping toward $10,000 by 2026 as broader market conditions shift. \u201cPotential $10,000 Bitcoin in 2026. Prove me wrong \u2013 stay above $75,000. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":40252,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[45,47,52],"tags":[],"class_list":{"0":"post-40251","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-ethereum","9":"category-stable-coin"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bloomberg Analyst Mike McGlone Predicts Massive \u2018Flippening,\u2019 Says USDT Will Overtake Ethereum and Bitcoin - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=40251\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bloomberg Analyst Mike McGlone Predicts Massive \u2018Flippening,\u2019 Says USDT Will Overtake Ethereum and Bitcoin - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Bloomberg Intelligence senior commodity strategist Mike McGlone believes major shifts in the crypto market are underway, including a potential \u201cflippening\u201d led by stablecoins. McGlone says\u00a0Bitcoin (BTC) will likely revisit significantly lower levels, potentially dropping toward $10,000 by 2026 as broader market conditions shift. \u201cPotential $10,000 Bitcoin in 2026. Prove me wrong \u2013 stay above $75,000. 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McGlone says\u00a0Bitcoin (BTC) will likely revisit significantly lower levels, potentially dropping toward $10,000 by 2026 as broader market conditions shift. \u201cPotential $10,000 Bitcoin in 2026. Prove me wrong \u2013 stay above $75,000. 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