Most Commodities Go Down, Because They Went Up – This may also be Bitcoin’s problem. It’s capped at 21 million, but competitor cryptocurrencies are not -- there are about 21 million now according to CoinMarketCap, compared with just one in 2009. If the U.S. stock market declines, I expect Bitcoin and most cryptos to lose a zero -- potentially faster than they added the last one since 2020. Cryptos led the way up… Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t1aeq6gq7l40 {BI COMD} #bitcoin #gold #stockmarket @BBGIntelligence(Mike McGlone)