11.8 C
Manchester
September 19, 2020
Image default
Bitcoin

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%. …

Related posts

The British regulator granted a license to the Archax and Gemini exchanges |

Aparnna Hajirnis

Bitcoin mining difficulty reaches its highest level in two years

Anupreet Kaur

Visa MCO card available throughout the European Union – Blocksats

Aparnna Hajirnis

Leave a Comment