Bitcoin price analysis: BTC/USD gains 2.5% on daily basis as Goldman expands its list of crypto instruments

  • BTC/USD recovers from early losses.
  • Goldman announces the decision to expand its crypto offering.

While Bitcoin managed to recover from early losses to trade at $6,763 at the time of writing. The second largest digital coin is mostly unchanged since the beginning of the day and 2.5% higher on daily basis. 

The cryptocurrency market players are optimistic again as Goldman Sachs Group said that it may expand the list of digital assets traded on its cryptocurrency platform a renewed wave of positive sentiments overrode concerns related to Bithumb hack and pushed all major coins higher.

“We are clearing some futures around bitcoin, talking about doing some other activities there, but it’s going very cautiously. We’re listening to our clients and trying to help our clients as they’re exploring those things too,” Goldman's  COO David Solomon said in an interview with Bloomberg.

Goldman announced a cryptocurrency trading desk launch on May 3. Many crypto enthusiasts claimed that that was the turning point in the industry, but Bitcoin entered a new bearish trent and lost over 30% of its value since that time.

BTC/USD, the daily chart

 

 

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