Bloomberg's senior commodity strategist, Mike McGlone, suggests that gold may start gaining against Bitcoin and that BTC may have peaked at $100,000. He observes that the VIX is falling, indicating a decrease in stock market volatility, which is allowing gold to outperform both the stock market and riskier assets like Bitcoin. McGlone questions whether Bitcoin is undergoing a brief correction or if it has reached its peak. Meanwhile, MicroStrategy (now called Strategy) continues to accumulate Bitcoin, recently purchasing 7,633 BTC worth $742 million, reaffirming its commitment to the cryptocurrency strategy.



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