Cryptocurrencies are in the red despite rumors that institutional investors are planning to get involved in crypto markets. George Soros, who was among the prominent critics, has now started changing his stance towards crypto markets. George Soros had described Bitcoin as a “bubble” at the beginning of the year in a speech at the World Economic Forum in Davos, Switzerland.
However, reports are suggesting that Adam Fisher, who oversees macro investing in the New York-based Soros Fund Management, received the approval to buy into cryptocurrencies.
Bitcoin (BTC) plunged below the $7000 level today despite …
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