Brazilian Hedge Fund Still Down 56%, Despite 16 Months of Crypto Gains

BLP Asset Management’s returns are a reminder that cryptocurrency funds that took a hit in 2018 when prices of digital currencies crashed have a harder time getting back to sea level than those buoyed by 2017’s cresting market gains.

Source: https://www.coindesk.com/brazilian-hedge-fund-still-down-56-despite-16-months-of-crypto-gains

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