Bitcoin, the leader of cryptocurrencies, has been rebounded despite by the American Federal Reserve (Fed). As midday approached on Wednesday, the first of the cryptocurrencies was trading around $42,200, or 4.4% more than a week earlier.

The price of bitcoin continues to show signs of recovery, a trend all the more surprising as the Fed could raise interest rates more aggressively than expected, which could weigh on the financial stocks to which cryptocurrencies are traditionally. correlated. All bitcoins in circulation now represent a volume of nearly 800 billion dollars. During the week under review, Ether proved to be even more resilient. The second cryptocurrency by market capitalization has appreciated by 12% and is now around $3000.

For its part, Goldman Sachs will embark on off-exchange trading of cryptocurrencies in collaboration with Galaxy Digital. A decision that has not gone unnoticed by market participants, who point to the additional risk that the American investment bank takes in these transactions by acting as a principal, unlike bitcoin products based on the Stock Exchange.