Bitcoin recently experienced a significant drop in value when over the course of this last week. Its value dropped from a stable $9,000 to $5,000 in a matter of days. At the same time, on the stock market, many companies and indexes also lost value. Most notably, the S&P 500 …
Read More »Hedge funds posted their best month since the financial crisis in April amid the torrid market rebound | Currency News | Financial and Business News
Spencer Platt/Getty Images Hedge funds posted their best month in more than a decade as March’s lows gave way to a resounding rally through April. Eurekahedge’s Hedge Fund Index gained 3.7% last month, its biggest jump since May 2009. A combination of Federal Reserve action, risk-on attitude, and optimism toward …
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