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Bitcoin price drops as venture capitalist sticks to $250,000 prediction – Yahoo Finance

Billionaire venture capitalist and bitcoin investor Tim Draper told CNBC he is sticking by his prediction that bitcoin will reach…

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A survey shows hedge funds plan to increase their exposure to cryptocurrencies by 2026. Photo: Getty Images
Bitcoin dropped below $40,000 (£28,410) on Tuesday morning even as a survey showed hedge funds interest is on the up and billionaire venture capitalist…

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