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CoinGape 2023-11-14 13:10:35

Hedge Funds’ Skepticism Grows as Asset Managers Go Long on BTC

The asset managers’ long positions in Bitcoin futures have surged to a record high, reflecting a bullish stance on the cryptocurrency’s future. According to InspoCrypto, asset managers have amassed long positions amounting to $1.82 billion, signaling their strong belief in Bitcoin’s potential for success. However, this confidence starkly contrasts the cautionary tale of history, where The post Hedge Funds’ Skepticism Grows as Asset Managers Go Long on BTC appeared first on CoinGape .

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