Dogecoin, Musk, and $60 million NFT froth: Why Ruffer sold $1bn in Bitcoin

Ruffer Investment Company Limited invested roughly $600 million in Bitcoin (BTC) in November 2020 but sold its exposure in April, while the crypto was still pumping and its price fluctuated between $50,000 and $65,000, profiting more than $1 billion in about five months.  According to Ruffer’s year-end review for the 12 months ending June 30, […] The post Dogecoin, Musk, and $60 million NFT froth: Why Ruffer sold $1bn in Bitcoin appeared first on CryptoSlate.