Bitcoin may underperform gold in 2025, potential investor shift expected
From Investing.com
December 31, 2024 3:00:19 pm:
According to Mike McGlone, gold may outperform Bitcoin in 2025, with data showing a 26% increase this year and potential to surpass the S&P 500 index. He predicts gold will attract investors from both stocks and crypto, especially if Bitcoin has peaked this year.
Bitcoin is currently trading below $100,000 due to FUD surrounding Tether compliance with new EU regulations. Analysts speculate on Tether’s delisting from European exchanges, causing price suppression. Tether’s CEO refutes rumors of delisting, stating USDT will remain legal in European markets.
Read more at Investing.com: Bitcoin May Face Investor Shift Toward Gold in 2025, Mike McGlone Warns By U.Today
