Goldman Sachs analysts divided over whether Bitcoin is an 'investable asset class'

Cointelegraph

Published Jun 18, 2021 01:01AM ET

Updated Jun 18, 2021 02:40AM ET

Wall Street investment bank Goldman Sachs (NYSE:GS) has made another U-turn on its stance toward Bitcoin as it struggles to define the asset’s investment status.

The investment bank flip-flopped again in its approach to cryptocurrencies with a report issued earlier this week that claims they are not a “viable investment”.

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