As of February 25, 2025, the cryptocurrency market is experiencing notable volatility, influenced by recent geopolitical events and security concerns. Bitcoin (BTC) has seen a decline of over 13% since January 2025, currently trading at approximately $91,890. This downturn is attributed to geopolitical tensions and a significant security breach involving the Bybit exchange, where $1.5 billion worth of Ethereum was stolen.
Steve Cohen Steps Back from Active Trading In September 2024, hedge fund titan Steve Cohen announced he would no longer directly trade stocks in his $35 billion hedge fund, Point72. This decision marks a significant shift in the $4 trillion hedge fund industry, emphasizing leadership and mentorship over individual trading prowess. businessinsider.com
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