Bitcoin’s Hedge Fund Sharks Are Swimming With the Whales: Author – CFR

Reported By: CryptoFundReport.com

Washington Post – Bitcoin is doing that thing again. After a 50% slump in the cryptocurrency’s price to about $4,000 in mid-March, when Covid-19 panic was gripping the financial markets, it has bounced back to trade at about $11,200. Veteran crypto-watchers have seen this rapid shift from fear to greed many times before, and they know it can have painful consequences.

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