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

Name: Goldman Sachs: Bitcoin, Altcoins to Become More Correlated With Traditional Financial Market Variables
Uploaded: 2022-01-29T01:02:53Z
Duration: 6 min 371 s
Description: In a report Thursday, Goldman Sachs said mainstream crypto adoption can raise valuations but also raise correlations with other financial market variables, reducing the diversification benefits of holding digital assets. “The Hash” hosts dig into the report, discussing whether bitcoin moves in sync with the traditional markets.

Jan 29, 2022

In a report Thursday, Goldman Sachs said mainstream crypto adoption can raise valuations but also raise correlations with other financial market variables, reducing the diversification benefits of holding digital assets.

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