Thursday, January 21, 2021

Goldman Sachs says bitcoin is beginning to mature however institutional cash is a tiny fraction of the market

CNBC carried the report citing view of GS’ head of commodities analysis Jeff Currie:

  • “I feel the market is starting to turn out to be extra mature” 
  • “I feel in any nascent market you get that volatility and people dangers which might be related to it”
  • “The important thing to creating some sort of stability out there is to see a rise within the participation of institutional traders and proper now they’re small” 

Is Currie heading in the right direction? Feedback welcome! 

BTC worth replace:

CNBC carried the report citing view of GS' head of commodities research Jeff Currie:

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