2018 began roughly for Bitcoin. It plummeted down to 48% during this year’s first quarter but has been able to make a good rebound over the last couple of month.
Who’s the newest big-time business name that invested in the cryptocurrency market?
– More and more investors are trusting the digital currency.
– Cryptocurrency market continues to go up.
– The stability of bitcoin is foreseen in the near future.
None other than wall street big-shot, Goldman Sachs. He is the very first businessman to allow his clients to trade Bitcoin futures via one of its New York desks.
Now that Sachs is himself is going to do the institutional trading of Bitcoin, it is expected that the legitimacy bar for these digital markets needs to be been raised appropriately.
When institutional investors join in derivative such as this, they need to ensure that they proceed with enough caution, through benchmarking of market performance.
Kori Hale tells us more in this article – https://www.forbes.com/