The often-turbulent crypto market may be poised for a significant shift, with prominent investment bank Goldman Sachs suggesting it has reached a potential bottom. This assessment opens up a window for what analysts describe as an attractive, albeit selective, entry point for certain digital-asset-related stocks.
Goldman Sachs Identifies a Market Turning Point
According to a recent investor note from Goldman Sachs analyst James Yaro, the crypto market's price decline has substantially aligned with historical peak-to-trough averages. The firm's research, referencing historical crypto price and volume downturns, indicates the current cycle has registered approximately 95% of historical price decline and 90% of volume decline. This robust analysis underpins Goldman's view that the market is nearing its floor, signaling an increasingly appealing, though selective, opportunity within digital-asset sensitive coverage, particularly for companies less directly exposed to the immediate volatility of crypto prices.
Opportunities in Crypto-Related Stocks Amidst Recovery Cautions
In line with this outlook, Goldman Sachs highlighted Robinhood (HOOD) and Coinbase (COIN) as key crypto-related stocks of interest. Despite some target adjustments – lowering Coinbase's target from $270 to $235 and Robinhood's from $102 to $91 – these new targets still imply significant upside potential, with over 35% for COIN and 30% for HOOD from their current values. Both stocks have experienced substantial declines from their October 2025 highs, presenting a potentially discounted buying opportunity. This market bottom sentiment is echoed by other major firms like Fidelity and Bitwise, and is technically reinforced by the 200-Weekly Moving Average, which historically acts as a strong support level. However, a crucial caveat comes from crypto research firm Ecoinometrics, which cautions that while a bottom may be near, a full recovery for Bitcoin could be a prolonged process. Their analysis suggests that for every 10% drop, an additional 80 days are typically required for recovery, implying a potential 10-month timeline for Bitcoin to fully rebound from its current drawdown.
