In Goldman Sachs crypto information, the monetary establishment maintained purchase rankings on Coinbase World and Robinhood Markets on August 25, elevating its Coinbase worth goal to $196 from $173 and setting a brand new $124 goal on Robinhood, in keeping with a report by analyst James Yaro.
The decision landed as Bitcoin ripped roughly 26% larger over the week, touching an intraday excessive close to $81,000 earlier than easing again towards $79,000 on profit-taking.
#BREAKING
BOOOOM
GOLDMAN SACHS JUST GAVE A HUGE BOOST TO CRYPTO!
They've named Coinbase and Robinhood as BUYS, with Coinbase's worth goal now as much as $196 and Robinhood at $124. That is large information, particularly as Bitcoin and Ethereum are on a tear!
The timing is… pic.twitter.com/NvuOxuOyi4
— Bitcoin Hopium (@BitcoinHopium) August 25, 2026
Right here is the stress beneath Goldman’s bullishness: crypto buying and selling quantity fell by 30% in July and one other 21% in August, leaving exercise roughly 75% under its latest peak, per the identical report.
Goldman is betting that rising costs and new income strains can carry crypto shares even whereas the buying and selling engine beneath them idles.
Goldman Sachs Crypto Calls: A Secondhand Sign, Not a Verified Report
The Goldman figures had been summarized in an August 25 publish on X by the account CryptoRednirav, which described the financial institution as cautiously bullish on crypto for the second half of 2026.
That publish is a commentator’s recap reasonably than Goldman’s personal verified launch, and it ought to be learn as a secondary sign pointing to the underlying analysis, not as a main doc in its personal proper.
Goldman’s optimism isn’t purely a spot-market guess. Coinbase and Robinhood have each pushed into prediction markets, tokenized shares, and perpetual futures, merchandise that may generate charges no matter whether or not individuals are actively shopping for and promoting Bitcoin or Ethereum.
Coinbase’s prediction-market enterprise reportedly reached $100M in annualized income lower than two months after launch, in keeping with a July examination cited by crypto.information, with sports activities contracts driving a lot of the early quantity.
Robinhood, in the meantime, launched Robinhood Chain in July, an Ethereum layer-2 community constructed for tokenized shares; Bernstein individually projected Robinhood’s prediction-market income might climb from $150M in 2025 to $586M in 2026.
Neither enterprise is risk-free; a number of state regulators have challenged whether or not sure Coinbase sports activities contracts quantity to unlicensed playing, and tokenized shares don’t carry the voting or possession rights of strange inventory.
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The Numbers Behind Goldman Sachs Crypto Name
Goldman’s report signifies that the present quantity slowdown in crypto is longer than in earlier contractions, though complete market capitalization has rebounded 21% to $2.8 trillion, a transfer that might spur elevated buying and selling exercise if sustained.
Regulatory uncertainty is the principle concern for institutional buyers, with 35% citing it as a barrier to entry. The SEC has proposed Regulation Crypto Property, together with a fundraising exemption for startups and particular disclosure necessities, nevertheless it doesn’t exempt all token transactions from federal securities regulation.
Goldman additionally reported about $86.5M in publicity by 5 spot XRP exchange-traded funds, after beforehand holding no positions. The financial institution is ready to amass Neos Investments for as much as $2.25Bn to boost its asset-management choices, pending regulatory approval.
What Does the Bitcoin Chart Say?
We’re approaching the month-to-month shut, a key date for $BTC.
There’s no denying how spectacular this month-to-month candle is. Bitcoin has printed an enormous transfer to the upside, one thing we haven’t seen shortly.
Now, the main focus shifts towards the month-to-month open, which I consider might be a… pic.twitter.com/B1jwvjG9ul
— Killa (@KillaXBT) August 28, 2026
Bitcoin’s breakout above $80,000 got here with virtually 75% larger 24-hour buying and selling quantity, even because the broader month-to-month development in crypto exercise factors downward. Within the bull case, holding the $80,000 zone after this pullback reinforces the restoration narrative Goldman is pricing into Coinbase and Robinhood shares.
Within the base case, Bitcoin churns between roughly $79,000 and the $81,000 excessive with Goldman’s thesis resting on quantity restoration reasonably than worth alone. Within the bear case, a failed maintain under $80,000 alongside continued quantity declines would undercut the near-term case for each shares.
Coinbase shares gained greater than 21% over the week, and Robinhood about 12%, in keeping with the market information cited in Goldman’s report, a reminder that each stay extremely geared to Bitcoin’s worth motion, Bitcoin ETF flows, and no matter Washington decides on market-structure guidelines subsequent.
Buyers had been additionally watching Wednesday’s US private consumption expenditures inflation report, which may transfer Treasury yields and, by extension, danger urge for food for Bitcoin and crypto equities alike.
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The publish Goldman Sachs Crypto: Financial institution Raises Coinbase Goal Regardless of Crypto Quantity Hunch appeared first on 99Bitcoins.
