Bitcoin fell 1.3% while Nasdaq-100 lost 5.5% in last week’s tech selloff
Bitcoin lost less than the Nasdaq-100 in last week's tech selloff. Hedge funds cut technology positions at the fastest pace since at least 2016 over the five trading sessions through Oct. 15, according to a report citing Goldman Sachs prime brokerage data. The Nasdaq-100 fell 5.49% from its Oct. 9 close of 30,883.15 to 29,187.55… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- Bitcoin lost less than the Nasdaq-100 in last week's tech selloff.
- Hedge funds cut technology positions at the fastest pace since at least 2016 over the five trading sessions through Oct.
- 15, according to a report citing Goldman Sachs prime brokerage data.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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