Summary
- Mike McGlone from Bloomberg Intelligence reported that Bitcoin (BTC) will continue to outperform other cryptocurrencies.
- Bitcoin is predicted to consistently show better performance than the Bloomberg Galaxy Crypto Index.
- The Bloomberg Galaxy Crypto Index has risen 91.67%, and Bitcoin is similarly maintaining a strong upward trend.
According to U.Today, a cryptocurrency-focused media outlet, Mike McGlone, a senior macro strategist at Bloomberg Intelligence, stated in an interview on the 13th (local time) that Bitcoin (BTC) is expected to outperform most other cryptocurrencies.
He added, "The important point is that Bitcoin will consistently outperform most cryptocurrencies, especially the Bloomberg Galaxy Crypto Index."
The Bloomberg Galaxy Crypto Index has risen 91.67% since the beginning of the year, recently reaching an all-time high of 3771.37.
Meanwhile, BTC is trading at $101,480.40, up 0.12% from the previous day, as of 2:51 AM on the 14th in the Binance Tether (USDT) market.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
