Mike McGlone
Mike McGlone|Mar 10, 2025 12:03
Bitcoin Futures May Pave Gold's Way - #Bitcoin's 100,000 threshold could have peak inklings to 5,000 in the Nasdaq Composite Index 25 years ago, with tailwind implications for #gold vs. most risk assets. #Futures open interest tracking the crypto has dropped to levels more consistent with Bitcoin around 64,000 vs. about 87,000 on March 7. Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/sswk2dt1um0x {BI COMD} #commodities #metals #stockmarket #macroeconomics @BBGIntelligence
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