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Cryptocurrency hedge funds have generated 44% in 2023.
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The market has bounced back from a 52% loss in 2022.
Cryptocurrency hedge funds are showing signs of recovery and this It experts predict a prosperous 2024 crypto market. The market has shown clumsiness in 2022 but now it is regaining its strength. The slump of 2022 shows a decrease with the beefing up of the market.
Some Firms Showing Signs of Recovery
Some of the companies like Pantera Capital led by Dan Morehead showed important growth with its token surging nearly 80% by mid-December. Similarly, Chainview Capital, led by 31-year-old Dan Slavin, doubled its performance while it had shown a decline of 18% in the previous year.
Another company Stoka Global LP, specializing in altcoins also showed a growth of 268% by November 30. Although the cryptocurrency hedge funds showed growth, it didn’t match Bitcoin’s over 150% rally this year.
The industry is presenting signs of recovery though the r
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