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Bloomberg strategist: The annual volatility of Bitcoin against gold hit a new low in early June.
Odaily News Mike McGlone, a senior commodity strategist at Bloomberg, stated in a post on the X platform that whether Bitcoin will continue to rise is approaching a "key test." At the beginning of 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 for Crypto Assets is about to end.