Earlier this week, Goldman Sachs, the $90 bln investment banking firm, told its investors and clients that it is becoming more difficult for institutional investors to ignore Bitcoin and the cryptocurrency market.
In a letter to its investors, clients and portfolio managers, JP Morgan analyst Robert D. Boroujerdi wrote:
"With the total value nearly $120 bln, it’s getting harder for institutional investors to ignore cryptocurrencies. There are currently over 800 cryptocurrencies out there, though just nine have a market cap in excess of $1 bln.”
Full story at http://bit.ly/2uPncEr
Source: CoinTelegraph
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