Cryptos vs. 1929 US, 1989 Japan, Internet Bubble Cryptocurrencies in 2025 could be akin to the US stock market in 1929, Japan in 1989 and the internet bubble to its 2000 peak, with deflationary implications favoring gold and US Treasury bonds. That the much-hyped crypto space is roughly flat vs. beta for about seven years may suggest the burden of unlimited supply, volatility and speculation in a nascent technology. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sv7w28dwrgg1 {BI COMD} #commodities #gold #bitcoin #stockmarket @BBGIntelligence