Bitcoin-PE/HFs buying?
Is it just me or does it feel like everyone’s buying bitcoin again. I’ve heard HF/PE firms started taking 0.5% positions in crypto as well as many 0.01%ers. I’m new to this so I don’t know if this has been a trend for a while or not. Could this be the upcoming halving, inflation hedge. The price hasn’t risen that high.... I’m thinking or purchasing but I feel like it lacking any intrinsic value makes it an incredibly stupid decision