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Half Of Goldman's Ultra Wealthy Clients Will Be Adding Crypto To Their Portfolio

From zerohedge.com

A recent analysis by CapGemini found that there are now a record 21 million millionaires in the world who hold a total $80 trillion in wealth among them. The number of millionaires grew by 7.6% in just the last year alone, despite - or rather thanks to - the coronavirus pandemic. {chart} Some have said that if each of these high net worth individuals were to buy and hold just one bitcoin, there would be no more bitcoins in circulation. Of course, that can't possibly happen: we know that a handful of whale hold the vast majority of bitcoins. So much so that according to JPMorgan just 5% of the roughly 18.7 million ... (full story)

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  • Category: Fundamental Analysis