“Bitcoin and other digital assets … will not be immune to macroeconomic forces, including central bank monetary tightening,” said Goldman Sachs. crypto cryptocurrency $BTC
Goldman Sachs Warns Bitcoin Increasingly Vulnerable to Fed Rate Hikes as Mainstream Adoption Grows
Zach Pandl, bank’s co-head of foreign exchange strategy, and FX analyst Isabella Rosenberg explained that as mainstream adoption of bitcoin increases, so does the cryptocurrency’s vulnerability to Fed policy. They described:
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