The US investment bank Goldman Sachs is cautiously giving hope to long-suffering crypto investors. While evidence of a bottoming out is increasing, the environment remains fragile.
• Goldman Sachs first signs of stabilization in the crypto market
• However, this assessment is only valid with reservations
• Falling trading volumes could continue to exert pressure
Cryptocurrency prices have plummeted significantly in recent months. The original cyber currency Bitcoin, for example, has temporarily lost over 40 percent of its all-time high and is currently still trading well below its peak in October 2025 of more than $126,000. This sell-off was driven by a host of factors, including delayed Federal Reserve interest rate cuts, geopolitical tensions, stubborn inflation and weaker ETF inflows at the start of 2026.
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The US investment bank Goldman Sachs now apparently sees signs that crypto prices may have reached a low point. She draws comparisons with historical patterns. The crypto market’s decline this cycle has “roughly reached the historical average between peak and trough,” Goldman analyst James Yaro said in a note to investors. As Forbes further reports, citing CNBC, the US investment bank’s analysts point to technical indicators and market structures that typically occurred during bottoming phases in past crises.
Given this, Goldman Sachs also identifies several crypto stocks that currently have “attractive setups.” This refers to companies whose price development is closely linked to the development of digital assets and which could benefit from a possible market recovery. Goldman Sachs rates Robinhood, Figure Technology and Coinbase as “Buy”.
Be careful despite positive signals
At the same time, Forbes points out that there are significant risks. According to this, Goldman Sachs has signaled a possible bottom in the Bitcoin price, but this assessment is linked to a central limitation. Accordingly, Yaro warned that trading volumes could continue to fall. These low trading volumes could make the crypto market vulnerable to sudden fluctuations and thus put Bitcoin and Co. under further pressure.
“While Bitcoin and cryptocurrency prices may have bottomed out, trading volumes could still fall a little further, although the impact appears manageable,” Yaro argued. “Troughs in crypto trading volumes usually last a median of three months before there is a significant recovery,” said the expert.
Despite signs of stabilization, investors will probably have to prepare for a few more months of uncertainty. They may have survived the worst, but it would probably be too early to talk about a lasting turnaround.
Thomas Zoller, editorial team at finanzen.net
This text is for informational purposes only and does not constitute an investment recommendation. finanzen.net GmbH excludes any claims for recourse.
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