(HedgeCo.Net) Bitcoin’s latest sell-off has delivered a sharp reminder to investors that the institutionalization of crypto has not eliminated the asset class’s defining feature: extreme volatility.
The world’s largest digital asset dropped more than 3.5% overnight, sliding from roughly $77,000 to approximately $73,200 in a fast-moving market decline that triggered a wave of forced liquidations across crypto derivatives venues. More than $744 million in long positions were reportedly wiped ou...
Continue Reading
Sign up for FREE to read the full article and access 129K+ alternative investment headlines.