Smart Money Goes Short As Macros Cast Gloom On Crypto

Smart Money Goes Short As Macros Cast Gloom On Crypto


Bitcoinist
2023-03-01 09:29:08

Digital assets are a relatively new asset class that made smart money investors fall in love with high gains during the 2021 bull market. Traditional finance institutions like venture capital firms then poured billions onto the crypto market, boosting development of certain protocols and projects. However, the 2022 bear market dealt a heavy blow on