Senior commodity strategist Mike McGlone warns that Bitcoin's 50-week moving average indicates a downtrend, which may foreshadow weakness in gold and other risk assets. He notes that gold's volatility is currently 2.2 times that of the S&P 500, the highest since 2007, and suggests that S&P 500 volatility could normalize to a one-to-one ratio with gold. McGlone also highlights that former President Trump's shift to supporting cryptocurrency helped his 2024 reelection campaign. With Bitcoin declining from its peak, historical trends imply other risk assets might follow suit.
Bitcoin downtrend context shows 13 of 50 major cryptocurrencies rose, 36 fell on Pluang. Kusama dropped 2.66% to Rp59,300, Terra Classic fell 2.65% to Rp0.73, SushiSwap declined 2.22% to Rp3,266. Data as of Nov 07, 2026 20:41 WIB.
During the first LEPAS Global Elegant Lifestyle Week, 34 ambassadors from 15 countries tested the LEPAS L6 EV on a 700 km route from Shanghai to Wuhu. The vehicle showcased strong performance across city, highway, and mountain roads, praised for its ...
During the first LEPAS Global Elegant Lifestyle Week, 34 Elegant Driving Ambassadors from 15 countries participated in the inaugural LEPAS Global Journey of Elegant Driving, driving the LEPAS L6 EV nearly 700 kilometers from Shanghai to Wuhu. The jou...
During the first LEPAS Global Elegant Lifestyle Week, 34 drivers from 15 countries tested the LEPAS L6 EV on a nearly 700 km journey across varied terrains in China. The vehicle's smooth power delivery, advanced electric drivetrain, and smart feature...
During the inaugural LEPAS Global Elegant Lifestyle Week, 34 ambassadors from 15 countries tested the LEPAS L6 EV on a 700km route in China, experiencing its versatile performance on urban roads, highways, and mountain paths. The vehicle's advanced c...
During the first LEPAS Global Elegant Lifestyle Week, 34 ambassadors from 15 countries tested the LEPAS L6 EV on a nearly 700 km route across China, highlighting its smooth power delivery, refined handling, and advanced smart features. The vehicle's ...
