Bloomberg Analyst Predicts Crypto Supercycle as Bitcoin Outperforms Gold
Cryptocurrencies have been a hot topic in the financial world for the past few years, with Bitcoin being the most well-known and widely traded. Recently, Bloomberg analyst Mike McGlone predicted a crypto supercycle, citing Bitcoin's outperformance of gold as a key indicator.Gold has long been considered a safe-haven asset, with investors turning to it during times of economic uncertainty. However, in recent months, Bitcoin has outperformed gold in terms of price growth. In fact, Bitcoin's price has more than tripled since its low in March 2020, while gold's price has