Goldman trader notes market strength, crypto ascent to $4T amid warning on shifting risk/reward

Tony Pasquarello from Goldman Sachs observed that the stock market is maintaining its rally, but risk and reward dynamics could shift as summer nears.

The crypto sector, valued at $4 trillion, is largely driven by Bitcoin’s regulatory momentum. Ethereum saw a notable rise of 30% within the week.

Despite bullish indicators, Pasquarello warned that the opportunities for gains may be diminishing due to increasing pressures in debt markets.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts