Bitcoin edges above $77,000 but institutional activity suggests downside hedging
Bitcoin BTC$77,226.27 rose more than 1.2% during the European morning to reach just shy of $77,500 for a lift of about 1.7% in the last 24 hours. The broader digital asset market, as measured by the CoinDesk 20 Index (CD20), also ticked higher, up around 0.95%. Bitcoin’s gains came on above-average volume, with 24-hour activity…