Bitcoin investors began to hedge risks ahead of the Fed’s interest rate hike in March

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According to a study by analyst firm Glassnode, bitcoin investors began hedging risks to protect themselves from the Fed’s rate hike in March this year.

Glassnode analysts have reported that crypto investors are de-leveraging and using derivatives markets to hedge risk. This is largely due to “investor uncertainty about the long-term economic impact of a stronger US dollar.”

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Investors reduce their leverage by closing futures positions. According to analysts, now interest in futures has decreased from 2% to 1.76% of the cryptocurrency market capitalization, but the researchers are sure that this indicates an emerging trend.

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Source: Cryptocurrency

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