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Cryptocurrency Hedge Funds Were Down 12% To 19% In May 2018 - Bitcoin News

by news.bitcoin.com posted 4months ago 31 views
No need to beat yourself up if your cryptocurrency portfolio exhibited less than stellar performance in May. Even the professional traders employed by the big hedge funds active in the space have suffered double digit declines during the previous month. Data provided by three different industry trackers reveals that crypto hedge funds achieved considerable negative growth in the bear market of May 2018. The Eurekahedge Crypto-Currency Hedge Fund Index estimates the losses made by crypto funds to have been 11.66% during May, and 2018’s year to date (YTD) performance to be -22.71%.