Matrixport: The crypto market is waiting for greater positive catalysts, and retail investors' interest remains low

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Cointime2025/03/10 13:02

By:Cointime

Golden Finance reported that in its latest report, Matrixport stated that the White House cryptocurrency summit and the confirmation of the US strategic Bitcoin reserve failed to ignite market sentiment, and the cryptocurrency market did not show a significant increase. The perpetual contract funding rate is still hovering at single-digit levels. This indicates that retail investors' enthusiasm remains low, in stark contrast to April and December 2024 - when the funding rate soared to double-digit highs. Even the market momentum brought by Trump's official inauguration is relatively flat, clearly indicating that for Bitcoin to see a new round of growth, it still needs more influential catalysts.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Bitget-RWA•2025/09/12 06:14

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

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Bitget-RWA•2025/09/12 06:14