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Gold Likely To Outperform Bitcoin in Coming Months, Says Bloomberg Commodity Strategist

Investors are seeking safe haven assets amidst economic uncertainty, with gold and Bitcoin being considered viable options. Bloomberg's senior commodity strategist, Mike McGlone, believes that gold will continue to outperform Bitcoin in the coming months due to factors such as the Bitcoin-to-gold ratio. However, he maintains his bullish stance on Bitcoin and notes that both assets have been touted as possible safe havens due to inflationary pressure and the ongoing banking crisis. McGlone's sentiment follows his previous analysis that gold would likely outperform Bitcoin in a recession, especially if it involves a stock market downturn.

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