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