{"id":66777,"date":"2018-11-23T00:04:54","date_gmt":"2018-11-23T05:04:54","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=66777"},"modified":"2018-11-22T23:39:33","modified_gmt":"2018-11-23T04:39:33","slug":"how-bitcoins-meltdown-is-ravaging-hedge-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2018\/how-bitcoins-meltdown-is-ravaging-hedge-funds.html","title":{"rendered":"How Bitcoin\u2019s Meltdown Is Ravaging Hedge Funds"},"content":{"rendered":"<p>\n(Marketwatch) What a difference a year makes in the world of digital currencies. Bitcoin was flying more than 1,000% higher in 2017, and with venture capital and institutional firms flush with cash, investors deployed funds to tap into what must have seemed like a bottomless pot of gold. However, 2018 has been anything but that. Bitcoin BTCUSD, +0.15%  is in its fifth-largest drawdown since 2010, losing nearly 80% of its value from its December 2017 high, and that cash that was once plentiful, has dried up for some, while other so-called crypto hedge funds set to close their doors.<\/p>\n<p><a href=\"https:\/\/www.marketwatch.com\/story\/how-bitcoins-meltdown-is-ravaging-hedge-funds-2018-11-21\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Marketwatch) What a difference a year makes in the world of digital currencies. Bitcoin was flying more than 1,000% higher in 2017, and with venture capital and institutional firms flush with cash, investors deployed funds to tap into what must [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-66777","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=66777"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66777\/revisions"}],"predecessor-version":[{"id":66778,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/66777\/revisions\/66778"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=66777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=66777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=66777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}