Bitcoin edges above $77,000 but institutional activity suggests downside hedging
Bitcoin Bitcoin$77,236.71 It was up more than 1.2% in early European trading, hitting $77,500, and was up about 1.7% in the past 24 hours. The broader digital asset market, as measured by the CoinDesk 20 Index (CD20), was also higher, rising about 0.95%. According to CoinDesk Research’s technical analysis data model, Bitcoin’s rise came from…