#BTCOutlook

$BTC Bitcoin (BTC) has once again proven itself to be an extraordinary asset. According to Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, Bitcoin will be a leading indicator in the commodity market by 2025. This is after Bitcoin's extraordinary performance, which recorded a growth of 138.6% year-to-date (YTD), far surpassing gold with a gain of 25.7%. McGlone also noted that traditional assets such as the S&P 500 Total Return Index only grew 25.3%. Meanwhile, other assets such as the MSCI Emerging Markets Net Total and Broad Dollar Index recorded growth of 12.2% and 5%, respectively. The decline occurred in the US Treasury 20+ Y bonds by 4.3% and crude oil which fell 3.3%.