Bitcoin Trapped in Fragile Trading as Hedge Funds Pivot to Cash

Bitcoin Trapped in Fragile Trading as Hedge Funds Pivot to Cash

Bitcoin settled into a narrow trading range with investors still seeking direction almost two weeks after a market collapse that wiped out the last remnants of gains registered since since Donald Trump won re-election.

The downturn appears to have spurred a growing number of crypto hedge funds to pile into cash, underscoring how deeply the $2 trillion post-October crash rout has shaken professional investors and how elusive conviction remains heading into 2026.

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