If you’ve been monitoring the cryptocurrency market on a daily or weekly basis, you probably noticed that the market took a big nosedive this week. This is mostly due to the rumor going around mainstream media about Goldman Sachs (NYSE:GS) putting a stop to its Bitcoin exchange desk—a rumor that the Goldman Sachs CFO put a stop to.
The story originated from Business Insider. There are other speculations as to why the market dropped, but the overall consensus comes down to panic selling because the giant investment bank pulled its crypto plans.
Goldman Sachs …
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