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Goldman Sachs Expects Further Declines in Bitcoin

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Global investment firm Goldman Sachs presented a gloomy price outlook for leading cryptocurrency Bitcoin in its mid-year economic report. Bitcoin's price currently stands at $7,447.07-up 12.40% the past month, but has fallen 9.09% in the last seven days. If Goldman Sachs' premonitions hold true, then the decline the past week could be a harbinger of [...] Read more on ETFtrends.com.

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This article was provided by our partner Tom Lydon of etftrends.com.


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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