McRib Is Back, and Bitcoin’s Weirdest Bullish Indicator Lives On

Crypto proponents are once again entertaining the curious connection between McDonald’s McRib and bitcoin prices, as the fast-food giant announced the limited-time sandwich will return Oct. 27, reigniting speculation over whether its comeback might serve up a bullish helping of bitcoin price action. Over the past two weeks, bitcoin’s price has slipped approximately 1.8%, while its value against the U.S. dollar has declined 4.1% since Sept. 23. With the year steadily drawing to a close and market volatility keeping traders on their toes, bitcoiners have somehow turned their attention to a rather peculiar subject: a sandwich featuring a restructured, boneless…