Mike McGlone
Mike McGlone|Dec 20, 2025 17:29
Rebound or Wipeout in 2026? Crypto's 2025 vs. 1929 - The Bloomberg Galaxy Crypto Index peaked on Oct. 6 with a 29% gain in 2025 and was down 17% to Dec. 19 -- matching the S&P 500's performance in 1929. Highly correlated to the stock market and a risk-asset leading indicator, the first-born crypto in 2009 -- Bitcoin -- may face a similar post-1929 reversion. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t7b5i7kip3ma {BI COMD} #bitcoin @BBGIntelligence(Mike McGlone)
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