Poor Performance, Greater Risk - Cyptos vs. Precious Metals - While US stock market cap has surged to 2.3x GDP, near a 100-year high, the Bloomberg Galaxy Crypto Index (GLTR) has failed to keep pace with precious metals (ETF - GLTR) despite trading at roughly 4x higher annual volatility. That underperformance during an equity rally suggests cryptos may face even greater pressure if stocks weaken. Full report on the Bloomberg terminal: https://blinks.bloomberg.com/news/stories/t31g1bgpwcg6 {BI COMD} #gold #bitcoin #preciousmetals #cryptos @BBGIntelligence(Mike McGlone)