Survey: 22% of Goldman Sachs clients expect Bitcoin price to rise above $100,000 within a year

Global investment bank Goldman Sachs surveyed its clients about cryptocurrencies. 76% of respondents are confident that over the next year the price of Bitcoin will stay above $40,000. The Block reports.

According to the results, 40% of Goldman Sachs clients own digital assets. More than 60% of them expect cryptocurrencies to rise over the next 12-24 months.

54% of respondents forecast Bitcoin price in the range of $40,000 to $100,000 over the coming year. Another 22% are confident that the price of digital gold will rise above $100,000 in the next 12 months.

39% of respondents are not prepared to allocate even a portion of their investment portfolios to Bitcoin. 15% of bank clients plan to allocate more than 10% of their assets to Bitcoin.

Digital gold attracts interest from 42% of respondents. Ethereum accounted for 29% of responses, and stablecoins 13%.

Data: Goldman Sachs.

The survey was conducted among 280 Goldman Sachs clients, including hedge fund managers and clients of corporate and insurance services.

Earlier in March, press reports said the bank would resume cryptocurrency trading activities and consider launching its own exchange-traded fund (ETF).

Earlier, Sensor Tower analysts said that institutional investors would keep Bitcoin above $50,000.

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