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Bitcoin Price Crash to $50K Dashes Carry Traders' Hopes

Carry trading, a popular strategy from the first quarter, involves profiting from pricing discrepancies between two markets.

Updated Aug 5, 2024, 7:05 a.m. Published Aug 5, 2024, 7:05 a.m.
Trading board is showing a crash in a stock exchange. (Getty Images)
Trading board is showing a crash in a stock exchange. (Getty Images)