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Bitcoin Reaches $48,000??$50K NEXT?While the percentage of traditional hedge funds investing in crypto-assets fell from 37% in to 29% in , the confidence in the value. Crypto hedge funds on average returned 44% this year as of Dec. 20, rebounding from a loss of 52% in , according to a Bloomberg index. Crypto funds on average generated % return in the first half of , underperforming Bitcoin, which gained % over the same period.