Live updates: Crypto majors bounce while global funds run their lowest dollar hedges since 2015

Major cryptocurrencies are experiencing a bounce as global funds reduce their dollar hedges to the lowest levels seen since 2015. This reduction in hedging strategies increases the sensitivity of portfolios to currency fluctuations. Consequently, this shift in financial positioning may amplify the volatility of risk assets. The current market trend highlights a significant change in how global funds manage dollar exposure while crypto assets show signs of recovery amidst these shifting macroeconomic conditions.