Goldman Sachs digital asset head says crypto rally driven by retail investors

Goldman Sachs digital asset head says crypto rally driven by retail investors

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo

The recent surge in cryptocurrency prices has been driven by retail investors, but institutions are starting to join in, Goldman Sachs’ head of digital assets Mathew McDermott said on Tuesday.