Bitcoin Could Drop by 60% Against Gold, Bloomberg Analyst Cautions

16-Nov-2025 ZyCrypto

Fred Thiel Foresees More Sovereign Nations Prioritizing Bitcoin Over Gold as Reserve Asset

Bitcoin may be heading for its weakest stretch against gold in nearly seven years, according to Bloomberg Intelligence strategist Mike McGlone.
Also read: Crypto Market Faces Significant $280 Billion Decline, Bitcoin Dips Below Key Level
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