Mike McGlone|6月 05, 2025 11:02
Systematic Risks of a Joke Cryptocurrency - Consensus for higher Bitcoin prices backed by the Trump administration may accentuate an inordinate burden on the crypto and its brethren to keep going up. Gold's almost 30% gain in 2025 to June 4 vs. a roughly 10% decline for the Bloomberg Galaxy Crypto Index might suggest the metal is sniffing out a peak in the cryptocurrency bubble.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sxdo28dwx2pt {BI COMD}
#gold #bitcoin #cryptos #macroeconomics @BBGIntelligence
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