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2025-01-24 19:07:05

Gold’s Outperformance in 2024 ‘May Not Be a Good Sign’ for Bitcoin and Other Risk Assets, Says Bloomberg Analyst

dailyhodl.com2 (nprofile…rnrs)

Bloomberg Intelligence senior macro strategist Mike McGlone is warning that gold’s strong 2024 performance may be a bearish signal for Bitcoin (BTC) and other risk assets. McGlone says that gold has been outperforming the markets, suggesting that investors are moving their wealth into the precious metal as the preferred safe haven asset amid concerns of […] The post Gold’s Outperformance in 2024 ‘May Not Be a Good Sign’ for Bitcoin and Other Risk Assets, Says Bloomberg Analyst appeared first on The Daily Hodl.
https://dailyhodl.com/2025/01/24/golds-outperformance-in-2024-may-not-be-a-good-sign-for-bitcoin-and-other-risk-assets-says-bloomberg-analyst/
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