Bitcoin's Volatility Against Gold Hits Low Point, Possibly Signaling End of Appreciation Cycle

According to Odaily Planet Daily, Bloomberg senior commodity strategist Mike McGlone stated that Bitcoin's ability to continue rising faces a critical test. At the beginning of June, the annual volatility of Bitcoin against gold hit a new low, indicating a maturation of the market, but it may also mean that the best appreciation cycle for cryptocurrencies is about to end.