Mike McGlone|Mar 03, 2025 12:11
What Stops Bitcoin/Gold From Heading Toward 21x?
The ounces of #gold equal to a #Bitcoin at about 32x on March 3 may not find a floor until around 21x, with headwind implications for most risk assets.
Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/ssjo6cdwlu69 {BI COMD}
#commodities @BBGIntelligence
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