Bitcoin Trades Near $101,000 as 55% of Hedge Funds Hold Crypto Positions
Bitcoin is trading around $101,300 as institutional participation in digital assets expands. A joint survey by PwC and the Alternative Investment Management Association shows 55% of global hedge funds now hold cryptocurrency positions, up from 47% a year earlier. Spain's Institute of Technology and Renewable Energies plans to sell 97 BTC acquired in 2012 for under $10,000, now valued above $10 million.