Friday, December 27, 2024
Home > Variables

Goldman: Bitcoin, Altcoins to Become More Correlated With Traditional Financial-Market Variables

The recent pullback in the cryptocurrency market shows that mainstream adoption can be a “double-edged sword,” Goldman Sachs said in a report Thursday.Since November, the bank notes, the total crypto market cap has fallen around 40%. The slide is unique in that it was driven mainly by macroeconomic factors, that

Read More