Has Inordinate Burden Shifted to Bitcoin vs. Beta, Gold, Bonds? History may view cryptocurrencies akin to the US stock market in 1929 and 2000 and Japan in 1989, favoring gold and US Treasury bonds. The S&P 500, Bitcoin and Treasury-bond yields bottomed about when the Cboe S&P 500 Volatility Index (VIX) reached 60 on April 7. Yet the crypto bounced to up on the year, suggesting an inordinate burden to remain that way. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sv7w28dwrgg0 {BI COMD} #commodities #gold #bitcoin #stockmarket @BBGIntelligence