Bitcoin Hedge Fund Shorts Reach New High Amid Price Fluctuations

by CryptoExpert

June 8, 2024

in Finance

Bitcoin Hedge Fund Shorts Reach New High Amid Price Fluctuations

Amid Friday’s downturn, following bitcoin’s decline to $68,450, the latest Commitments of Traders (COT) report from the Commodity Futures Trading Commission (CFTC) indicates that hedge funds are placing substantial bets against bitcoin. Bitcoin Faces Bearish Sentiment From Hedge Funds While crypto enthusiasts and analysts have been optimistic about bitcoin (BTC) for quite some time, particularly […]

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Navigating the Risks of Memecoins

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Tags: Bitcoin

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