Goldman Sachs maintained buy ratings on Coinbase Global and Robinhood Markets, setting price targets of $196 and $124, respectively, as Bitcoin’s weekly rally lifted the cryptocurrency above $80,000. Bitcoin gained about 26% over the week and reached roughly $81,255 before profit-taking pulled it toward $79,000. Coinbase shares rose more than 21% over the week and Robinhood gained about 12%, while Robinhood shares were up 6.06% to $109.90 at 3:00 p.m. UTC on August 25. Goldman said crypto trading volume fell 30% in July and another 21% in August, with activity down roughly 75% from its recent peak, but suggested volumes could recover if the total crypto market capitalization holds near $2.8 trillion. The bank also disclosed about $86.5 million across five spot XRP ETFs in its second-quarter Form 13F, after reporting no XRP or Solana ETF positions in the first quarter. Goldman’s more positive second-half 2026 view reflects stronger token prices, developing U.S. regulations and new revenue sources including tokenized stocks, prediction markets and derivatives. Regulatory uncertainty remained the largest barrier for institutional investors surveyed by the bank, with 35% citing unclear rules and 32% identifying regulatory clarity as the main adoption catalyst.