NEW YORK (Azat TV) – Goldman Sachs analysts believe that the cryptocurrency market may be approaching a significant turning point, with prices nearing a cycle bottom after an extended period of declines. The investment banking giant observed that the current drawdown in crypto prices is approaching historical averages, signaling a potential shift in market sentiment.
Crypto Stocks Face Steep Declines
Crypto-related stocks have experienced a substantial downturn, falling approximately 46% from their peak values in October 2025. This significant decline has made the valuations of several companies within the sector more attractive to investors, according to the report. Goldman Sachs specifically highlighted Robinhood, Figure Technologies, and Coinbase as their top investment picks, suggesting confidence in their future prospects despite the broader market’s challenges.
Revenue and Volume Concerns Persist
Despite the optimistic outlook on price bottoms, Goldman Sachs issued a cautionary note regarding trading volumes. The firm warned that trading volumes could potentially decline further in the short term. Such a scenario could have a negative impact on company revenues, with projections indicating a possible 2% decrease, and profits, which could see a 4% reduction in 2026. Historically, periods of low trading volume in the crypto market have typically lasted around three months, suggesting a potentially prolonged period of subdued activity.
The analysis from Goldman Sachs indicates a dual perspective on the cryptocurrency market: a potential bottoming out of prices suggesting a recovery is on the horizon, juxtaposed with concerns about continued low trading volumes that could pressure near-term financial performance for crypto-related businesses.