Sentiment: Positive
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Gold May Outperform Bitcoin in Recessionary Environment, According to Bloomberg Strategist
By Daily Hodl Staff at 2026-05-05 15:16
Sentiment: Positive
Bloomberg Intelligence’s senior macro strategist Mike McGlone is forecasting that Bitcoin (BTC) could fare worse than gold in case of an economic recession in the US. McGlone says that the precious metal would have an “advantage” over the flagship crypto asset in the event of the US falling into a recession. According to McGlone, gold […] The post Gold May Outperform Bitcoin in Recessionary Environment, According to Bloomberg Strategist appeared first on The Daily Hodl. Continue reading...
Categories: Bitcoin
Tags: #Bitcoin #Trading #BTC #News #trading
Source The Daily Hodl