Bitcoin Faces Tough Challenges as Gold Hits Four-Year High

Mike McGlone, chief commodity strategist at Bloomberg Intelligence, recently shared his analysis on Bitcoin, gold, and copper via his X (formerly Twitter) account. He highlighted Bitcoin’s struggle to maintain value against gold, despite the stock market’s continued strength. Bitcoin Underperforms Gold McGlone pointed out that Bitcoin’s value compared to gold has significantly declined. In October, … Continue reading “Bitcoin Faces Tough Challenges as Gold Hits Four-Year High” The post Bitcoin Faces Tough Challenges as Gold Hits Four-Year High appeared first on Cryptoknowmics-Crypto News and Media Platform .

Source: Cryptoknowmics