Galaxy’s Alex Thorn Says Bitcoin Held Near $80,000 Because Hedge Funds Had Already Sold
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Galaxy Digital's Alex Thorn says Bitcoin has held near $80,000 because hedge funds that might sell on AI-trade worries had already exited. Bitcoin's lowest daily close over the past month was $80,009 on October 26, and it traded at $80,457 on Thursday. The comments are analysis rather than a market-moving event.