Bitcoin Rally Drives Surge in Crypto Market as Hedge Funds Increase Short Positions
Thursday, 4 April 2024, 18:06
Bitcoin Rally:
Bitcoin surged by 4%, propelling the global crypto market capitalization to $2.7 trillion.
Hedge Fund Short Positions:
Hedge funds have intensified their short positions on Bitcoin, signaling a bearish market sentiment.
Market Surge:
The surge in the crypto markets underscores the impact of hedge fund activities on digital assets and highlights the prevailing volatility in the space.
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