Mike McGlone|Sep 02, 2026 13:56
Cryptos May Face a Lose-Lose vs. Fed, Stocks
The Bloomberg Galaxy Crypto Index (BGCI) has performed poorly since 2017, flatlining vs. beta despite trading with about 4x the volatility. Will that change? Stocks could be the driver. My graphic highlights BGCI's glory days in 2021 due to the biggest money pump in history.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tkqbt9kgifqg {BI COMD}
#Bitcoin #cryptos #stockmarket @BBGIntelligence(Mike McGlone)
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