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Cryptocurrency Funds Show Capital Drop

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March proved to be quite a difficult month for the entire crypto-market. Contrary to the general decline in prices for crypto-assets, the capital of investment funds fell by 29.2% over the previous month. By the second half of April, this indicator was increased to 43.1%. Such data was obtained using a new tool developed by Barclay Hedge. Specialists in the digital assets market issued the Index of Cryptocurrency Traders (CTI).

You can trust the indicators of this index for several reasons. First, Barclay Hedge has been collecting data, by analyzing and indexing the market for more than 32 years. Secondly, in order to avoid problems with respect to crypto-funds, the date of index start was January of this year.
Over the past year, more than 167 investment funds have been opened, which at the moment, are simply just trying to survive, as they entered the market at the peak of the cryptocurrency value. At the same time, it is known that some enterprises could not deal with the volatility of the market and closed.

According to Saul Waxman, president of Barclay Hedge, everyone has their own opinion on Bitcoin and the entire market. But, there is not a single person who could be 100% sure that the current situation is a correction or confirmation that the whole market is a “bubble”.

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