Crypto hedge funds are sharply pulling back from the market, raising cash levels as risk appetite deteriorates across digital assets.  The move away from the market comes as experts suggest Bitcoin (BTC) is facing an “identity crisis.” Institutional Retreat From Bitcoin Accelerates Major crypto hedge funds have shifted their portfolios in early 2026. According to Nic Puckrin, co-founder of Coin Bureau, the average cash balance has risen to levels not seen since early 2025. Furthermore, for the first tim ...