Mike McGlone
Mike McGlone|Sep 11, 2025 10:52
Bitcoin May Depend on Rising Beta More than Ever - Differences from the end of 2019 may instill caution in elevated risk assets, as guided by Bitcoin. Approaching 0.60 on Sept. 10, the 48-month correlation between the benchmark crypto and S&P 500 (SPX) is near its highest ever as markets anticipate renewed Federal Reserve easing. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t2f5ecgpwch7 {BI COMD} #bitcoin #gold #stockmarket #macroeconomics @BBGIntelligence(Mike McGlone)
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