According to Goldman Survey, BTC Could Surpass $ 100K

Goldman Sachs conducted a survey of cryptocurrencies. 22 percent of the respondents said that Bitcoin will reach over $ 100,000 by the end of the year.

According to the Goldman survey, BTC could surpass $ 100K. Goldman Sachs Group, which started preparations to set up a crypto desk again, published a cryptocurrency survey. Podcast broadcaster Matt McDermott, Global Markets Unit Manager of Goldman Sachs, announced the cryptocurrency and Bitcoin survey that the company conducted among its customers. It was seen that about 40 percent of the 300 customers who participated in the survey had a cryptocurrency position. While 76 percent of the respondents estimated that Bitcoin will be in the range of 40 thousand to 100 thousand dollars at the end of 2021, 22 percent stated that it will close the year above 100 thousand dollars. McDermott stated that there is 'substantial' institutional demand for Bitcoin from different sectors, which is different from the BTC bubble in 2017. Expressing that they will reopen the cryptocurrency table, McDermott said that initially there will be transactions in a more limited area such as CME Group futures. The expert noted that US banks should struggle with regulations that prevent physical cryptocurrency transactions. In Asian markets today, Bitcoin gained 3.4 percent and Ethereum 5.3 percent.