AI Crypto Tokens at Risk? Hedge Funds DUMP Tech Stocks at Fastest Pace in a Decade

The post AI Crypto Tokens at Risk? Hedge Funds DUMP Tech Stocks at Fastest Pace in a Decade appeared first on Coinpedia Fintech News

Wall Street is pulling the plug on technology stocks, and the implication could stretch well beyond just traditional markets. Hedge Funds have aggressively reduced exposure to the US information technology sector, recording net sell-offs in six of the last eight weeks. According to prime brokerage data, this marks the largest eight-week aggregate reduction in tech …