News
July 7, 2021

Goldman Sachs: Ethereum could surpass Bitcoin as a store of value.

Analysts at Wall Street investment banks reaffirmed their optimistic position on the second-largest crypto asset and said that Ethereum currently resembles the digital asset with the highest potential for real use. Bitcoin has a stronger brand, however, the first cryptocurrency lacks some of the technical features that Ethereum possesses.

However, Goldman Sachs believes that none of the crypto assets can match gold as a store of value:

"We see gold as a defensive hedge against inflation and cryptocurrency as a risk-adjusted hedge against inflation."