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Bitcoin Price Surges Past Crude Oil in 2024 The Coin Republic 01 Dec 2024

Bitcoin Price Surges Past Crude Oil in 2024

In 2024, Bitcoin has outperformed traditional assets like crude oil, gold, and the S&P 500. Bloomberg's Chief Commodity Strategist, Mike McGlone, cites technological advancements, geopolitical tensions, and shifts in global commodity dynamics as reasons for Bitcoin's surge.

Bloomberg Mike McGlone Bitcoin Crude oil S&P 500
Bitcoin ($BTC) Outperforms Crude Oil! Coinpedia 29 Nov 2024

Bitcoin ($BTC) Outperforms Crude Oil!

Bitcoin has recently outperformed crude oil according to Mike McGlone from Bloomberg Intelligence. Other assets have similarly surpassed this key commodity.

Mike McGlone USA Bitcoin Crude oil Bloomberg Intelligence
Tether’s Trade Finance Arm Facilitates $45 Million Crude Oil Deal Coin Edition 09 Nov 2024

Tether’s Trade Finance Arm Facilitates $45 Million Crude Oil Deal

Tether's trade finance arm has facilitated a $45 million crude oil deal in October 2024, marking its first transaction in the Middle East. The transaction involved 670,000 barrels of crude oil, showcasing Tether's entry into the global trade finance sector.

Middle East Crude oil Tether
Tether revolutionizes commercial finance with the first crude oil transaction in the Middle East Cryptonomist 08 Nov 2024

Tether revolutionizes commercial finance with the first crude oil transaction in the Middle East

Tether has financed the first-ever crude oil transaction in the Middle East, involving 670,000 barrels valued at $45 million.

Middle East Crude oil Tether

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Bitcoin Falls To $79K as Cryptos Plunge, Perhaps Previewing Sunday Night Stock Action Coindesk 8 hours ago
Bitcoin Falls To $79K as Cryptos Plunge, Perhaps Previewing Sunday Night Stock Action
Conor McGregor Team Refunds Failed Meme Coin Auction, Eyes Relaunch 'Soon' Decrypt 1 hour ago
Conor McGregor Team Refunds Failed Meme Coin Auction, Eyes Relaunch 'Soon'
Trump Ally Bill Ackman Calls for 90-Day Pause on US Tariffs as Crypto Sinks Decrypt 9 minutes ago
Trump Ally Bill Ackman Calls for 90-Day Pause on US Tariffs as Crypto Sinks
XRP Price Struggles Near $2.00 as Bullish Momentum Fades TokenPost 1 hour ago
XRP Price Struggles Near $2.00 as Bullish Momentum Fades
XRP Gains 6% Despite Market Downturn Amid SEC Sentiment Shift TokenPost 17 hours ago
XRP Gains 6% Despite Market Downturn Amid SEC Sentiment Shift Explore daily digest
Solana and PEPE Gained 140% in Q1 — But New MAGACOIN FINANCE Might Be the Real 18,000% Breakout This Year Bitcoinist 1 day ago
Solana and PEPE Gained 140% in Q1 — But New MAGACOIN FINANCE Might Be the Real 18,000% Breakout This Year
Trump Ally Bill Ackman Calls for 90-Day Pause on US Tariffs as Crypto Sinks Decrypt 9 minutes ago
Trump Ally Bill Ackman Calls for 90-Day Pause on US Tariffs as Crypto Sinks
Bitcoin holds firm as stocks lose $5T in record Trump tariff sell-off Cointelegraph 1 day ago
Bitcoin holds firm as stocks lose $5T in record Trump tariff sell-off
Metaplanet Achieves 95.6% BTC Yield in Q1; Kicks Off Q2 with 160 BTC Acquisition Coindesk 4 days ago
Metaplanet Achieves 95.6% BTC Yield in Q1; Kicks Off Q2 with 160 BTC Acquisition
Bitcoin Price Falls as US Futures Point to Further Pain Ahead Decrypt 5 hours ago
Bitcoin Price Falls as US Futures Point to Further Pain Ahead Explore weekly digest

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