Although the market might be in shambles at the moment, there is still optimism in the industry. The head of digital asset markets at Goldman Sachs thinks that there is health in the bear run.
Multinational investment bank Goldman Sachs and its independent offshoot, Galaxy Digital Ventures have invested in the cryptocurrency security firm BitGo.
Goldman Sachs, one of the biggest banking institutions on the globe, is taking a step from which banks usually veer far away – into the famously volatile world of cryptocurrency.
Goldman Sachs’ technical analysis team has claimed that Bitcoin risks flirting with values beneath February’s low of some $5922 USD.