Bitcoin Faces Another 50% Reckoning As Gold Shines, Analyst Says
Posted On December 27, 2025
According to a report, the value of Bitcoin (CRYPTO: BTC) against gold could potentially decrease by 50%.
What Happened: Mike McGlone of Bloomberg Intelligence has expressed concerns about the Bitcoin-gold cross.
Currently, the value of Bitcoin is approximately 20 times that of gold. However, McGlone predicts that by 2026, it’s more likely for Bitcoin’s value to drop to 10 times the value of gold rather than rise to 30 times.
According to McGlone’s analysis, Bitcoin’s purchasing power compared to gold could be halved, even if the USD chart doesn’t show as significant a change.
As per the report, he emphasized …