Bitcoin Price Hits $9.5K Despite Criticism Expressed By Mainstream Bank

[rasangaya]

Bitcoin Price Hits $9.5K Despite Criticism Expressed By Mainstream Bank





On May 28, Bitcoin hit the $9.5K benchmark, being up by nearly 5% from the previous day. This comes right after an expression made by Goldman Sachs during its client call, where the topic was practically centered on cryptocurrencies, most specifically Bitcoin stayed in the focus of the discussion.

At the end of the day, Bitcoin was labeled as too insecure to be dealt with by clients of the investment bank. The discussion concluded with Goldman Sachs making a statement that Bitcoin is “not an asset class”.

This raised a wave of skepticism in the crypto community, which resulted in a bearish mood having its touch on the market.

However, contrary to confusion stirred in the community by the investment bank’s statement, Bitcoin price daily gain went to 5%+ versus the previous trading day.

Check here: Visit