Mike McGlone
Mike McGlone|Apr 17, 2025 11:23
What Does Gold Like About Bitcoin? The Crypto Drops With Stocks - Falling beta and Bitcoin vs. rising gold may be generating lots of fuss about a bit of overdue reversion in stretched risk assets this year. What stops these trajectories? Our bias is with Bloomberg Economics' and Intelligence's US recession leanings, the S&P 500 toward 4,000 and lower Bitcoin vs. gold. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/suuxe7dwlu68 {BI COMD} #commodities #gold #bitcoin #stockmarket @BBGIntelligence
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