Mike McGlone, senior commodity strategist at Bloomberg Intelligence, is optimistic about the top two cryptocurrencies by market cap, which are Bitcoin(BTC) and Ethereum(ETH), having their prices go up over time based on the law of their diminishing supply.
According to McGlone in a recent interview, the two cryptocurrency assets’ prices will rise as a result of the diminishing quantity of Bitcoin (BTC) and Ethereum (ETH) and rising adoption