Goldman Sachs Predicts $8,000 for Ethereum

Goldman Sachs are one of the investment banks that have started to provide data about main cryptocurrencies (Bitcoin and Ethereum) for the expected value that could bring to its clients. Bank’s analysts showed that Ethereum could reach up to $8,000 until the end of the year.

The main scenario that might drive the Ethereum’s price and maybe the majority of cryptocurrencies to bloom is the current and the expected inflation in the USA and the global market.

The historical data showed that as long as the inflation is going up, the more the Ethereum’s price is going up. As more and more analysts are expecting the inflation to rise up, Ethereum will grow even more, making every analyst in the crypto market to be more optimistic than ever.