Chide Austin

Chide Austin

Institutional investors dump $101.5M worth of crypto in anticipation of hawkish monetary policy

Institutional investors dump $101.5M worth of crypto in anticipation of hawkish monetary policy

The current state of the crypto market has sparked many questions and assumptions with CoinShares reporting that almost $100M has left US crypto funds in anticipation of hawkish monetary policy. Institutional investors dump $101.5M worth of crypto in anticipation of hawkish monetary policy Coinshares claims that Bitcoin has been pushed into "crypto winter" over the last six months, asserting that this is due to the US Federal Reserve's increasingly hawkish rhetoric. Inflation rates in the United States...

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