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Tech Tumble Takes Toll on Bitcoin; Hedge Funder Targets $70K Handle in March

CoinDesk LogoCoinDesk15h ago

Tech Tumble Takes Toll on Bitcoin; Hedge Funder Targets $70K Handle in March - CoinDesk

Quick Summary:

Crypto had plenty of reasons on its own to head lower, but now a general macro risk-off sentiment can be added to the mix.

He's targeting the $70,000s for bitcoin by the end of March.

"Investors have forgotten that bear markets are possible and what they look like".

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Tech Tumble Takes Toll on Bitcoin; Hedge Funder Targets $70K Handle in March - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Stephen Alpher, Tom Carreras

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 20:09:50 (15 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 277 words

Reading Time: 2 minutes read

Sentences: 26 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 26489634

View Article Analysis

About CoinDesk

CoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 24 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

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The story "Tech Tumble Takes Toll on Bitcoin; Hedge Funder Targets $70K Handle in March" has 277 words across 26 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Tech Tumble Takes Toll on Bitcoin; Hedge Funder Targets $70K Handle in March" was covered 15 hours ago by CoinDesk, a news publisher based in United States.

How trustworthy is 'CoinDesk' news outlet?

CoinDesk is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 24 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #26489634
  • URL: https://beamstart.com/news/tech-tumble-takes-toll-on-17406900704250

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