Recent data indicate a recovery in the cryptocurrency market thanks to significant capital inflow, but experts warn that sustained liquidity is essential for long-term growth.
Capital Inflow in the Crypto Market
Renowned crypto analyst Ali Martinez noted over $6 billion capital inflow in the past week, which helped the market to recover by 0.63%. At the beginning of the month, the market's total size was $3.45T, but after a drop of 11.65%, it hit a low of $3.09T. Since February 8, the market surged to $3.18T, showing signs of recovery post-correction.
Sustaining Liquidity: Key to Long-term Growth
Expert MR pointed out that one week of heightened investment doesn't guarantee long-term market growth. Emphasis was placed on the need for sustained liquidity and actual trading volumes. Attention was also highlighted towards monitoring the activities of major market players, or 'crypto whales'.
Crypto Trading Volume Analysis
In the last seven days, the trading volume in the crypto market changed by +0.00001218%. Currently, the market's trading volume stands at $113,976,545,325. The current 24-hour trading volumes for major cryptocurrencies are: BTC — $34,379,058,053; Ethereum — $17,070,811,740; XRP — $3,481,390,326; Solana — $4,580,341,418; BNB — $1,115,257,309.
In conclusion, the recent $6 billion inflow into the crypto market is a positive sign, but experts warn that sustained liquidity and strong fundamentals are essential for long-term growth. Investors should focus on real trading volumes and market trends to stay informed.