Less Digital Gold, More Leveraged Beta; Bitcoin's Peak Inklings - Bitcoin's correlation is high and rising to the S&P 500, which is overdue for some normalization of outsized growth and may continue to favor gold. Unless beta can sustain a gain in 2025, my analysis focused on the crypto's four-year cycles shows Bitcoin's elevated systematic risk and the opposite for the metal. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sw72q7dwrgg0 {BI COMD} #commodities #gold #bitcoin #stockmarket @BBGIntelligence