Bloomberg Intelligence

Bitcoin Soars, Trump Impact on Oil Producers

Nov 11, 2024
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, provides keen insights on the surge of Bitcoin nearing $83,000, driven by regulatory changes and investor interest. He compares Bitcoin's market dynamics to traditional assets like gold, highlighting the influence of political shifts. The discussion also explores potential benefits for oil producers from Trump's tax plan and examines how advanced software is helping businesses adapt to economic challenges, marking a transformative time for investors.
Ask episode
Chapters
Books
Transcript
Episode notes