Goldman Sachs: Bitcoin could reach $100K price by beating gold
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Goldman Sachs, one of the world’s largest banks, joins the list of analysts predicting the price of Bitcoin could reach US$100,000, according to a report by Bloomberg. Fast facts According to Goldman…
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Goldman estimates that the public holds about $2.6 trillion of gold for investment purposes, assuming a gold price of $1,800 per troy ounce. Bitcoin’s float-adjusted market capitalization is... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author:…
Goldman Sachs (GS) is among the banking giants with certain exposure for its clients in a diverse range of Bitcoin (BTC) exchange-traded funds (ETFs). According to the quarterly report, the investment bank holds positions in 7 out of the 11 available BTC ETFs in the United States. Goldman Sachs Discloses…