Goldman Sachs Sees Potential Bottom in Crypto Market

Goldman Sachs has released a report indicating that the long-term adjustment of digital assets may be nearing its bottom.

The report states that since October 2025, crypto-related stocks have fallen by 46%, but current valuations are becoming increasingly attractive for long-term investors. The bank believes that the market is entering a constructive consolidation phase, driven by reduced 'passive selling' and institutional confidence.

According to the report, Bitcoin has established strong support in the range of $60,000 to $75,000 in the first quarter of 2026. Goldman Sachs points out that the significant reduction in 'passive selling' by ETFs and large institutional investors is one of the main drivers for market stabilization.

The bank's own 13F holdings data supports this assessment: at the end of 2025, its total exposure to Bitcoin and Ethereum ETFs was nearly $2.36 billion. Additionally, Goldman Sachs has upgraded the ratings for an exchange and Figure Technologies to 'Buy' and reallocated to XRP.