Crypto Market Cap Gains $150B in a Day as Ethereum Reclaims $4K (Market Watch)

Bitcoin fell below $47,000 once more in the past 24 hours, but the Fed’s rates announcement sent it north by more than $3,000. The altcoins also registered impressive price increases as Ethereum reclaimed the $4,000 level. Bitcoin Neared $50K on US Fed News CryptoPotato reported yesterday that bitcoin’s situation had …

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Crypto Hedge Funds are Outperforming Following Bitcoin’s Decline Since November

Bitcoin ended the month of November down 7% but hedge funds with a more diverse portfolio of cryptocurrencies only dropped 2% for the period according to the Eurekahedge Crypto-Currency Hedge Fund Index. According to Bloomberg, the outperformance may suggest that altcoins could offer investors better returns than Bitcoin which has …

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