Mike McGlone|Aug 10, 2025 17:15
Bitcoin loves Michael Saylor. Bloomberg headlines: "Saylor Says Bitcoin Is a Better Investment Than Gold"
"Bitcoin Will Continue to Outperform the S&P, Saylor"
May be, as long as the stock market keeps going up.
Bitcoin's 100-day correlation was positive 0.53 to the S&P 500 vs. minus 0.07 to gold as of Aug. 8. What of Bitcoin if beta rolls over?
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t0gs2bgq7l0q {BI COMD}
#gold #bitcoin @BBGIntelligence(Mike McGlone)
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