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Bitcoin Sells Off on Report Goldman Sachs Shelves Plans for Crypto Desk

Goldman Sachs has reportedly shelved plans to open up a cryptocurrency trading desk, according to Business Insider on Wednesday. Although they haven't canceled these plans entirely, they have pushed them way down on their to-do list. As of 1:30 pm Eastern on Wednesday, Bitcoin was down 6 percent, trading at $6,931.36, according to CoinMarketCap. However, Goldman [...] Read more on ETFtrends.com.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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