The crypto market may have established its bottom, offering an ‘attractive entry point’ for a few related stocks, according to investment bank Goldman Sachs. 

On the 26th of March, in a note to investors, Goldman analyst James Yaro wrote, 

The crypto market price decline has approximately reached the historical peak-to-trough average.

The investment research side of the firm referenced historical crypto price and volume downturns. According to the attached chart, the current cycle was at 95% and 90% relative to historical price/volume decline. 

Yaro added, 

All in, we see an increasingly attractive entry point to our digital-asset sensitive coverage, albeit selectively, across the group. Valuation is…