Matrixport: Fiat deposits have rebounded, indicating a bullish trend in the crypto market
2024-07-22 15:23:34
Matrixport said that the inflow of fiat to cryptocurrency appears to be back again, as evidenced by the recent rise in daily minting data.
Historically, this growth has often heralded a bullish market, indicating a shift in funds from traditional financial marekts to the cryptocurrency market.
This change shows a positive trend, especially against the backdrop of relatively flat coinage activity since mid-April.
Historically, this growth has often heralded a bullish market, indicating a shift in funds from traditional financial marekts to the cryptocurrency market.
This change shows a positive trend, especially against the backdrop of relatively flat coinage activity since mid-April.
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