The world’s largest cryptocurrency, Bitcoin (BTC), along with the broader cryptocurrency market, has faced significant selling pressure. BTC lost its support at $71,000 and dropped to $68,500. Currently, the Bitcoin price is trading at $69,404.43 with a market cap of $1.37 trillion Bitcoin Hedge Funds Net Shorts At Record High Analyst Zerohedge has reported a The post Bitcoin Hedge Fund Net Shorts Surge to Record High, Analysts Forecast 30% Decline appeared first on CoinGape .