BTC Could Be A Top Commodity Indicator In 2025: Bloomberg
Bloomberg’s Mike McGlone Glon predicts that Bitcoin could become the top commodity indicator by 2025. He confirmed that Bitcoin has overtaken the commodities on his watchlist and shared a chart showing that BTC is up 138.6% year-to-date (YTD), while gold is up 25.7%. The next best-performing asset is the S&P 500 Total Return Index, with year-to-date growth of nearly 25.3%. He said Bitcoin is at the top of his annual macroeconomic performance dashboard, while U.S. Treasuries are at the bottom, suggesting “it’s as good as it gets for a risk asset.”