October Outlook – Bitcoin, Ethereum, FunFair

Bitcoin:

The Bitcoin price has remained above $4000 since Sept. 28th. With a hardfork looming it’s uncertain how the market will react. According to Forbes, around 70 new crypto hedge funds started up with a mandate to buy crypto currencies. Is the price stability a reflection of institutional investor funds accumulating crypto capital with a higher allocation towards Bitcoin? Or are hedge funds sitting on the sidelines, and waiting until the Segwit2X hardfork unfolds?

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