Hedge Funds Abandon Bitcoin Leading to Price Plunge Below $65,000

Bitcoin’s descent below $65,000 caught many by surprise, with murky reasons behind the plunge making it a complex puzzle to solve. In the last 20 trading days, cryptocurrency hedge funds have drastically cut back their Bitcoin investments, hitting their lowest exposure since October 2020. Charts spanning from 2019 to 2024 underline the significant peaks and

Source: CoinOtag