Goldman Sachs Warns of More Stock Selloff, Crypto at Risk

• Goldman Sachs has cautioned investors that there will be more stock selling pressure this week.
• The bank expects Commodity Trading Advisers to sell over $33 billion this week if the S&P 500 keeps falling.
• Bitcoin led a broad crypto selloff as extreme fear grips markets, signaling volatile trading ahead.

Goldman Sachs Group Inc. (NYSE: GS) has warned of more stock and crypto selloff this week. The bank cautioned investors to approach the stock market and the crypto industry with care this week, especially if the S&P 500 index continues its bearish performance.

Goldman Sachs Warns of More Stock Selloff This Week

Last week, the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite lost 0.1%, 2.5%, and 1.8%, respectively. As such, Goldman Sachs stated that the S&P 500 has already breached its short-term trigger that prompted the Commodity Trading Advis…

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