Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, said a pattern of gains followed by declines across commodities and bitcoin could spread further through the end of 2026, according to an Oct. 23 BlockBeats report.
He cited U.S. natural gas, bitcoin, gold, silver, platinum, palladium, lead, nickel and iron ore as assets that had followed that pattern this year.
U.S. equities in focus
McGlone said U.S. stocks would need to remain resilient to prevent downside risks from spreading further.
Source: BlockBeats, 2026-10-23 10:43:53 UTC.