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Bloomberg strategist: Bitcoin/gold may lead the decline, with a possible low in risk assets this year.
According to Jinsuo Finance, Mike McGlone, a senior commodity strategist at Bloomberg, posted on the X platform that Bitcoin/gold may lead the fall. The nearly unprecedented premium in the US stock market seems to have peaked and is about to return to normal levels, while the equivalent ounce count of gold and Bitcoin may serve as a reference. Since 2008, the S&P 500 total return index has only declined in two years, and when this occurs, it is often unfavourable information for crypto assets, with a potential low point for risk assets in 2025.