Bitcoin Correction Fears Intensify as Goldman Sachs Warns a Chilling Stocks Downturn

Bitcoin risks wiping off its recent gains as fears of a vast stock downturn grows among researchers. Both Bitcoin and the US benchmark have shown positive correlation since March 2020 sell-off. The gains have appeared against an otherwise grim economic outlook led by the fast-spreading COVID-19 pandemic. Risks of a sharp bitcoin price correction are growing as US stocks paint a similarly bleak market scenario. Strategists at Goldman Sachs found that the five largest companies […]
Bitcoinist.com

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Author: toutiao