Matrixport: Fiat currency deposits rebound, indicating a bullish trend in the crypto market

Odaily News Matrixport said that fiat-to-cryptocurrency inflows appear to be picking up again, as indicated by the recent rise in daily minting data. Historically, such growth has usually been bullish for the market, indicating that funds are moving from traditional financial markets to the cryptocurrency market. This change shows a positive trend, especially against the backdrop of relatively flat minting activity since mid-April.