List of Flash News about Goldman Sachs Index
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2025-07-21 19:15 |
TradFi Risk-On Sentiment Surges as Goldman Sachs Non-Profitable Tech Index Jumps 66%, Hinting at Potential Crypto Rally
According to @MilkRoadDaily, traditional finance (TradFi) markets are displaying significant risk-on behavior, which could signal positive momentum for cryptocurrencies. This observation is supported by the Goldman Sachs Non-Profitable Tech Index, which has surged 66% since its low in April, as cited by the source. This rally in speculative, non-profitable technology stocks indicates that investors are increasingly willing to take on more risk, a sentiment that often spills over into the crypto asset class, potentially driving capital towards digital currencies. |