Goldman Sachs: Market Expects Price To Hit Bitcoin Bulls Earlier Than Expected

Goldman Sachs said Thursday that until Thursday the Fed is expected to hike rates as early as 2022, and a month ago the market predicted the Fed would hike rates in 2024, according to CoinDesk. Early expectations of a Fed rate hike could affect the Bitcoin bull market. A fall in the purchase contract or an increase in the price will weaken Bitcoin as a hedging tool, which will lead to some selling of the different currencies that bought Bitcoin. Bitcoin as a repository of valuable assets.