Goldman Announces Formation Of New Crypto Trading Desk
by Tyler Durden Friday, May 07, 2021 - 09:47 AM 2018 was not a good year for bitcoin, and for cryptos in general: after hitting an all time high of (only) $20,000 in December of 2017, much of the remainder of 2018 was spent with the crypto bubble deflating, with early crypto investors first casually than fervently taking profits and dragging the price of cryptos ever lower. The punchline came in September, when as we reported at the time Goldman - clearly disappointed with the lack of upside momentum - suspended its fledgling crypto trading desk plans... ... sending bitcoin tumbling back belo...
Source: zerohedge.com