In a move that shows the increasing adoption of cryptocurrencies, Goldman Sachs has now stated they are working to create a trading desk for cryptocurrencies. This follows the first two Bitcoin futures launching, and is showing an increasing acceptance of Bitcoin among mainstream financial institutions.

It is likely this will be followed by similar moves from other major financial players. With cryptocurrencies reaching $600 Billion in total market capitalization, there is more profit than ever to be seen.

How Will This Impact Crypto Prices?

Although it is impossible to say with certainty, it is difficult to see a scenario where this doesn't help them. This now provides a trustworthy and reputable exchange for regular people to acquire cryptocurrencies. Figuring out how to get cryptocurrencies is one of the primary barriers to mainstream acceptance of cryptos.

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