Goldman Sachs Predicts US Dollar Supremacy, Forecasts New Path For Bitcoin
Banking giant Goldman Sachs’ CEO David Solomon has once again shared new statements about the US dollar and the rising Bitcoin supremacy. Solomon stated how the bank is still reluctant to explore crypto from a regulatory perspective. The GS CEO later asserted that he is betting big on the US dollar, touting Bitcoin as an “interesting speculative asset.”
Goldman Sachs’ Stance on Cryptocurrency
While speaking to Andrew Ross Sorkin of CNBC, Goldman Sachs CEO David Solomon shared his honest thoughts about the rising cryptocurrency narrative. As the US political domain inches closer to establishing a positive crypto market narrative, Solomon shared how the bank’s regulatory approach does not allow the entity to hold crypto.
he said.
The aforementioned sentiment had earlier been echoed by Solomon in December 2024, when his comments about not divulging into Bitcoin impacted BTC to fall dramatically.
he stated earlier.
When asked about Trump’s rising inclination toward establishing a Bitcoin reserve, Solomon stated how the said development may influence the bank’s current ordeal.
Solomon shared.
Solomon Believes In USD Hegemony
The Goldman Sachs chief later clarified that he is a big US dollar believer and does not consider Bitcoin a threat to the US dollar dominion.
Solomon shared
Adding more to the narrative, Solomon asserted how he believes Bitcoin is an interesting speculative asset that does not necessarily pose harm to the USD in any way.
Goldman Sachs chief reiterated
