Mike McGlone
Mike McGlone|Mar 14, 2025 11:17
Bitcoin Back to 10,000? Peak Leveraged Beta Risks, Rising Gold - #Gold is up about the same amount in 2025 to March 13 -- about 15% -- that #Bitcoin is down. But with Bitcoin at about 80,000, what stops those trajectories? About a 6% decline in the S&P 500 could suggest what matters. The biggest #ETF launch in history, President Donald Trump's shift to highly volatile and speculative #cryptos, and reelection could prove peak-bubble akin to about 25 years ago. Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/st3yq5dwx2ps {BI COMD} #commodities #stockmarket #gold #macroeconomics @BBGIntelligence
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