Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes as Mainstream Adoption Grows – Bitcoin News

Goldman Sachs warns its traders that Bitcoin will grow increasingly vulnerable as mainstream adoption increases after nations raise interest rates.

Goldman Sachs has said that bitcoin is gradually becoming more vulnerable to the Federal Reserve’s rate hikes as its popularity increases. “Over the last 2 years, as bitcoin has actually seen larger mainstream adoption, its connection with macro possessions has chose up,” the Goldman experts discussed. Global investment bank Goldman Sachs released a report Thursday […]

Goldman Sachs warns its traders that Bitcoin will grow increasingly vulnerable as mainstream adoption increases after nations raise interest rates. Read More »