Crypto Inflows and Sentiment Remain Low Despite XRP Investment Product Stand Out.
TL;DR Summary
Exchange inflows across major crypto assets are currently near cyclical lows, indicating a lack of participation in the sector from investors. Low participation is usually associated with sideways-moving markets, which is what Bitcoin and others are experiencing at the moment. The low inflows right now can suggest that there isn’t much appetite for selling across the crypto market, which is naturally something that could allow the tokens to build up some upwards momentum.
- Crypto Exchange Inflows Remain Low, What Does It Mean? Bitcoinist
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- Google searches for ‘crypto’ fall to 2020 levels as BTC sentiment neutral Cointelegraph
- Cryptoverse: Listless bitcoin seeks summer spark Reuters
- $XRP Investment Product Inflows Stand Out as Crypto Outflows Continue for Seventh Week CryptoGlobe
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