Odaily Planet Daily News - Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, explained on platform X why Bitcoin's price has recently pulled back. He stated that the current market correction actually involves not just Bitcoin, but also gold and other risk assets that have seen declines. The larger drop in Bitcoin is primarily due to its higher volatility, but for Bitcoin, it is actually 'just a bit of normal regression.' Mike McGlone also noted that although the S&P 500 index hasn't seen a significant drop in the fourth quarter of this year, it doesn't mean that this momentum can be maintained, especially as it is unlikely to sustain growth momentum in 2025.