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Financial News: Bitcoin dumps to $41k

Financial News:

Bitcoin dumps to $41k

Bitcoin

According to Goldman Sachs, Bitcoin has the potential to exceed the $100,000. This prediction comes as Bitcoin tumbles to $41,115 USD.

Goldman said this high in the future years could happen if investors increasingly perceive the top cryptocurrency as a store of value.

Bitcoin, according to Goldman Sachs, accounts for roughly 20% of the "store of value" market, which generally refers to assets like gold that hold their value without considerable depreciation.

Photo: Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.

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Content ID: 1641552219 Created Friday, January 07, 2022 10:43 AM UTC by Aaron Stipkovich, Updated Friday, January 07, 2022 10:48 AM UTC by Aaron Stipkovich.