Former Goldman Sachs Trading Executive Bullish on Cryptocurrency

Bitcoin (BTC), Cryptocurrency–Despite the falling price for cryptocurrency, which has only managed a slight recovery since experiencing the worst week of losses since 2011, not all institutional investors remain bearish on the digital asset.

Bitcoin & Co., which have seen prices decline from a near trillion dollar market capitalization to start the year, have attracted increasingly negative attention across the sphere of investment influence, with most proclaiming the most recent plummet for cryptocurrency as being the official nail in the coffin. However, for one former head of electronic trading at Goldman Sachs, the state of the crypto markets appear analogous to the early days of electronic equity trading–a relationship that he hopes will bring positive development for the industry over the next several years.

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