Goldman Sachs Cautiously Suggests Crypto Prices May Have Bottomed
- Goldman Sachs analysts indicate that crypto prices “may have bottomed,” citing technical stabilization and improved liquidity.
- Bitcoin is trading between $69,000 and $71,000 as of March 26, 2026, down from its October peak of over $126,000.
- Goldman flagged “attractive setups” in crypto-linked equities like exchanges and mining companies.
- The firm disclosed $2.36 billion in bitcoin ETF and ethereum ETF exposure in its latest filings.
- CEO David Solomon confirmed personal bitcoin ownership in February, marking a shift in his stance on digital assets.
- Bernstein analysts also confirmed a bitcoin cyclical low with a price target of $150,000 for the year.
Goldman Sachs’ note reflects a cautious but notable change in tone towards digital assets, suggesting potential stabilization in the crypto market amid easing macroeconomic pressures and geopolitical tensions.
The firm’s strategic adjustments and increased exposure to crypto ETFs highlight its evolving approach to digital assets as market conditions shift (Source)
