Bitcoin rebounds, ETFs take hit, BofA recommends crypto: 3 Things
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Let’s get to the three things you need to know today. First up, US stock futures are bouncing back, equity staging a modest comeback after the major averages closed in the red to start December trading.
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Meanwhile, Bitcoin is also rising after the token saw its worst day since March. The digital asset now currently trading above $87,000 per token.
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However, crypto’s retail traders have been hit hard, namely those who piled into leveraged ETFs tracking Bitcoin giant strategy.
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That company has struggled to ease investor concerns amid the rout in digital tokens following a 60% drop from recent highs.
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Strategy…
