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Goldman Sachs Claims Adoption Won’t Boost Crypto Prices, Talks Down Stablecoin Plans

Goldman Sachs has warned crypto buyers that increased token adoption will no longer drive up prices, and that macroeconomic factors are now exerting a greater influence on the markets. And the firm appears to have temper...

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Goldman Sachs Claims Adoption Won’t Boost Crypto Prices, Talks Down Stablecoin Plans
 
Goldman Sachs has warned crypto buyers that increased token adoption will no longer drive up prices, and that macroeconomic factors are now exerting a greater influence on the markets. And the firm appears to have tempered its interest in launching a stablecoin.
The crypto price warning came in a note authored by two of the firm’s strategists, Zach Pandl and Isabella Rosenberg, Bloomberg reported....
Read More: Goldman Sachs Claims Adoption Won’t Boost Crypto Prices, Talks Down Stablecoin Plans

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