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September 19, 2020
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Virtual currency hedge fund assets under management, over 2 billion dollars in 2019 Bitcoin and other transactions such as Ethereum and Ripple

A cryptocurrency hedge fund of over $ 2 billion A joint accounting report by a leading accounting firm PwC and Elwood Asset Management reports that the cryptocurrency (crypto asset) hedge fund totaled more than $ 2 billion in 2019, compared to 2018. It doubled to the level. Funds with more than $ 20 million in investment have increased by about 85% over 2018, and the average investment has increased from $ 22 million to $ 44 million. The point of interest is the market volatility of Bitcoin in 2018. In 2018, when the bubble burst, the annual rate of increase and decrease was -73%, while in 2019 the return recovered to + 94%. …

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