Bloomberg’s Mike McGlone Predicts End to Bitcoin’s Rally, Expects Gold to Outperform in 2024

Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence, recently shared his insights on the potential performance of gold relative to Bitcoin in 2024. McGlone suggests that gold may have an advantage over Bitcoin in 2024, especially with the anticipated launch of U.S. Bitcoin ETFs. He notes that Bitcoin, which led most risk assets down […] source: https://www.cryptoglobe.com/latest/2024/01/bloombergs-mike-mcglone-predicts-end-to-bitcoins-rally-expects-gold-to-outperform-in-2024/