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Barchart
Faisal Humayun Khan

Goldman Sachs CEO David Solomon Now Owns Bitcoin. Should You Buy the No. 1 Crypto Here?

Bitcoin David Solomon Goldman Sachs Crypto Scott Bessent

It’s been a roller coaster ride for Bitcoin (BTCUSD) investors in the last six months. The crypto asset touched all-time highs of $126,223 in October 2025. While market participants were expecting the bull run to sustain, Bitcoin reversed sharply and currently trades lower by 46.8% at $67,704. 

While the steep correction might have created some panic, it’s important to note that deep correction after a big rally is not uncommon for Bitcoin. As an example, Bitcoin dropped from $69,000 towards the end of 2021 to $15,000 by the end of 2022. There are similar instances through the price history of Bitcoin. 

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