TechFlow News, February 11: According to Bloomberg, Bloomberg analyst Mike McGlone stated that the cryptocurrency-to-metals ratio has broken below a key support level, suggesting this trend may persist through 2026. Data shows that the ratio of the Bloomberg Galaxy Crypto Index (BGCI) to the Bloomberg Commodity Index All Metals Total Return Subindex (BCOMAMT) has fallen below the prior resistance level of approximately 510—a level first established in 2018 (with a base of 100 set in 2017). This technical breakout may indicate continued underperformance of crypto assets relative to traditional metals markets.
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