dollar low, Goldman Sachs looks at cryptocurrencies
the most hostile of the big banks are starting to change their minds when it comes to Bitcoin and cryptos.
In the face of the plummeting US dollar, Goldman Sachs is looking to become a new vice president to lead its new branch dedicated to digital assets.
On its website, the mega-bank announces that it is looking for a vice president specializing in digital assets to lead its London offices.
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Indeed, as Bloomberg explains, even the largest hedge funds are selling the US dollar.
Choose who has not been for more than 2 years for the current global reserve currency.
The greenback collapses in its quote against the euro.
We have to go back to May 2018 to find the dollar in such a bad patch.
With this weakness in the US dollar, we understand better why big banks like Goldman Sachs are starting to look elsewhere.
Among the alternatives, Bitcoin and cryptocurrencies based on blockchains appear more and more credible.
