Cryptocurrencies have gone ballistic.
In December, Bitcoin (CCC:BTC-USD) traded at just $22,761. Today, it’s up to $56,314 after hitting an all-time high of $60,717. Over the same timeframe, Ethereum (CCC:ETH-USD) ran from about $644 to $1,800 after briefly touching $2,029 in late February. Litecoin (CCC:LTC-USD) ran from about $91 to $200.56 after hitting a high of $240 in late February, as well.
All thanks to a long line of retail and institutional bulls.
Goldman Sachs (NYSE:GS)…
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