Crypto Markets Bounce As Hedge Funds Pile On Bitcoin Shorts

Bitcoin rallied 4%, with global crypto market capitalization up 3% to $2.7 trillion. Hedge funds are betting big against Bitcoin in the futures markets, possibly looking to profit from elevated funding rates, as the most valuable cryptocurrency continues to trade sideways. Funds have built up…#hedge #bitcoin #cmebitcoin #elevated #ethena #ethereumlayer2 #mantle
Source: Reuters: Health - Category: Consumer Health News Source Type: news