25/01/2023
Bitcoin price eyes $25,000 as Goldman Sachs ranks BTC as the best-performing asset of 2022. 💥💥
Bitcoin price is hovering at the cusp of critical support, trading at $22,640.
According to Goldman Sachs, Bitcoin emerged as the asset with the highest risk-adjusted return of 3.1.
The ranking placed Bitcoin above the likes of Gold, the US 10-year Treasury bond and the S&P 500 index, among others.
Bitcoin price had managed to recover all of its losses from November 2022, when the king coin slipped to trade at $15,000. Since then, BTC has attempted to rise further and clear a seven-month-long hurdle, in effect pushing the price above $25,000.