Goldman Sachs’ bearish macro outlook puts Bitcoin at risk of crashing to $12K By Cointelegraph
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Goldman Sachs’ bearish macro outlook puts Bitcoin at risk of crashing to $12K A sequence of macro warnings coming out of the Goldman Sachs (NYSE:) camp puts (BTC) at a risk of crashing to $12,000.
A team of Goldman Sachs economists led by Jan Hatzius raised their prediction for the speed of Federal Reserve benchmark rate hikes. They noted that the U.S. central bank would increase rates by 0.75% in September and 0.5% in November, up from their previous forecast of 0.5% and 0.25%, respectively.
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Goldman Sachs’ bearish macro outlook puts Bitcoin at risk of crashing to $12K A sequence of macro warnings coming out of the Goldman Sachs (NYSE:) camp puts (BTC) at a risk of crashing to $12,000.
A team of Goldman Sachs economists led by Jan Hatzius raised their prediction for the speed of Federal Reserve benchmark rate hikes. They noted that the U.S. central bank would increase rates by 0.75% in September and 0.5% in November, up from their previous forecast of 0.5% and 0.25%, respectively.
Continue Reading on Coin Telegraph
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