RSS Feed  Les actualités de la BRVM en Flux RSS

NEWS FINANCIÈRES

Nous agrégeons les sources d’informations financières spécifiques Régionales et Internationales. Info Générale, Economique, Marchés Forex-Comodities- Actions-Obligataires-Taux, Vieille règlementaire etc.

Cryptocurrency: Bitcoin will compete with gold as a "store of value", according to Goldman Sachs

06/01/2022
Categories: Economy/Forex

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

Goldman Sachs analyst Zach Pandl said in a client research note that bitcoin will take market share from gold in 2022 as digital assets become more widely adopted.

Goldman Sachs estimates that the cryptocurrency currently holds a 20% share of the “stores of value” market. Bitcoin will "most likely" take a bigger share over time, the U.S. bank pointed out in a list of predictions for 2022. In a hypothetical scenario in which bitcoin grabs a 50% share of that market , its price would reach just over 100,000 USD, says the analyst. Bitcoin was trading around $46,073 on Wednesday, after falling sharply in early December. By November, it had hit an all-time high of $69,000.

Provided by AWS Translate

0 COMMENTAIRE