Gold vs. Bitcoin 2025 - The rock is up about 28% this year to June 18 vs. 11% for Bitcoin and +2% for the S&P 500. A strong year-end could be a headwind for gold -- but what if stocks drop? My bias is that the Bitcoin/gold cross, currently at about 31x, is more likely to drop with stocks. Full report on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/sxmxeadwlu68 {BI COMD} #gold #bitcoin #stockmarket @BBGIntelligence