Goldman Sachs Flips to a Rate Hike as Bitcoin’s Price Stalls Under $80,000

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Goldman Sachs has shifted its forecast from a Federal Reserve rate cut to a potential rate hike, reflecting persistent inflation and stronger-than-expected economic conditions. The change adds pressure to risk assets, with Bitcoin remaining below $80,000 as investors reassess liquidity and borrowing-cost expectations. Higher-for-longer or rising rates could weigh on Bitcoin’s near-term performance by strengthening the dollar and reducing demand for speculative assets.

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