Goldman Sachs: Crypto and Bitcoin Might Have Bottomed
Goldman Sachs: Crypto and Bitcoin Might Have Bottomed
Goldman Sachs believes crypto and bitcoin prices may have hit their floor after months of declines. The primary keyword, goldman sachs crypto bitcoin bottomed, is a significant development in the cryptocurrency market.
Crypto Market Analysis
According to analyst James Yaro, crypto-related equities are down 46% since October 2025 but are showing “volatile but flattish performance” in recent weeks, making valuations increasingly attractive. Top picks include Robinhood, Figure Technologies, and Coinbase, all rated “buy.”
Stock Performance
- Figure Technologies saw its price target raised to $42 from $39, implying 35% upside from current levels.
- Robinhood is expanding offerings to advanced traders and financial services.
- Coinbase is focusing on crypto derivatives, subscriptions, and new products like equities trading and banking.
Bitcoin Price Stabilization
Bitcoin appears to be stabilizing after recent volatility, with signs suggesting the market may have reached a potential bottom. Following a sharp selloff that pushed BTC from around $75,000 to $67,000, the cryptocurrency has rebounded, supported by easing selling pressure from ETFs, long-term holders, and constructive geopolitical developments.
Market Trends
Over the past month, bitcoin has traded sideways between $60,000 and $75,000, a pattern often linked to market bottoms. K33 Research highlights that reduced distribution from ETFs and rising supply held for more than six months reflect structural market stability.
Key Takeaways
- Goldman Sachs believes crypto and bitcoin prices may have hit their floor.
- Top picks include Robinhood, Figure Technologies, and Coinbase, all rated “buy.”
- Bitcoin appears to be stabilizing after recent volatility, with signs suggesting the market may have reached a potential bottom.
- Crypto market analysis suggests a constructive environment for medium- and long-term investors.
Frequently Asked Questions
What is the current price target for Figure Technologies?
The current price target for Figure Technologies is $42, implying 35% upside from current levels.
Is bitcoin expected to rebound in the near future?
Yes, according to Goldman Sachs, bitcoin is expected to rebound within a median three-month trough period.
