Summary
- Mike McGlone stated that Bitcoin has peaked and that Gold might surpass Bitcoin in 2025.
- He mentioned that Gold could attract investors from cryptocurrencies, including Bitcoin.
- Currently, Bitcoin is showing an increase compared to the previous day in the Binance Tether market.
Mike McGlone, a senior macro strategist at Bloomberg Intelligence, stated on the 1st (local time) via his X (formerly Twitter) that "As of December 30, 2024 (local time), gold has risen by about 26% and has outpaced the S&P 500," adding, "Especially as Bitcoin (BTC) has peaked, there is a possibility that gold could surpass Bitcoin in 2025. Gold could attract investors from cryptocurrencies, including Bitcoin."
Meanwhile, BTC is trading at $95,342.95, up 3.65% from the previous day, as of 01:18 on the 1st, based on the Binance Tether (USDT) market.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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