Goldman Sachs Crypto: Bank Raises Coinbase Target Despite Crypto Volume Slump
In Goldman Sachs crypto news, the financial institution maintained buy ratings on Coinbase Global and Robinhood Markets on August 25, raising its Coinbase price target to $196 from $173 and setting a new $124 target on Robinhood, according to a report by analyst James Yaro.
The call landed as Bitcoin ripped roughly 26% higher over the week, touching an intraday high near $81,000 before easing back toward $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 price target now up to $196 and Robinhood at $124. This is massive news, especially as Bitcoin and Ethereum are on a tear!
The timing is… pic.twitter.com/NvuOxuOyi4
- Bitcoin Hopium (@BitcoinHopium) August 25, 2026
Here is the tension beneath Goldman’s bullishness: crypto trading volume fell by 30% in July and another 21% in August, leaving activity roughly 75% below its recent peak, per the same report.
Goldman is betting that rising prices and new revenue lines can carry crypto stocks even while the trading engine underneath them idles.
… Continue reading the full article at the original source below.
