Bloomberg Strategist: Bitcoin's annual volatility against gold hit a new low in early June

Odaily News Mike McGlone, senior commodity strategist at Bloomberg, wrote on the X platform that a "key test" seems to be approaching as to whether Bitcoin will continue to rise. In early June, the annual volatility of Bitcoin against gold hit a new low, indicating that the market has matured, but it may also mean that the best appreciation cycle of cryptocurrencies is coming to an end.