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3232Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes as Mainstream Adoption Grows
https://www.digit.info/goldman-sachs-warns-bitcoin-increasingly-vulnerable-to-fed-rate-hikes-as-mainstream-adoption-grows/
Mon, 31 Jan 2022 00:30:49 +0000https://www.digit.info/2022/01/31/goldman-sachs-warns-bitcoin-increasingly-vulnerable-to-fed-rate-hikes-as-mainstream-adoption-grows/Read more]]>Global investment bank Goldman Sachs has warned that bitcoin is increasingly vulnerable to the Federal Reserve’s rate hikes as the cryptocurrency grows more widely adopted. “Over the last two years, as bitcoin has seen wider mainstream adoption, its correlation with macro assets has picked up,” the Goldman analysts explained. Goldman Sachs Warns Bitcoin Increasingly Vulnerable […]
Global investment bank Goldman Sachs has warned that bitcoin is increasingly vulnerable to the Federal Reserve’s rate hikes as the cryptocurrency grows more widely adopted. “Over the last two years, as bitcoin has seen wider mainstream adoption, its correlation with macro assets has picked up,” the Goldman analysts explained. Goldman Sachs Warns Bitcoin Increasingly Vulnerable […]