A partial revival of the digital assets market was unable to overcome the conservative moods of investors and the consequences of a long lack of liquidity, Analysts by the research group Falconx approve.
The depth of the cryptocurrency market remains on The lowest mark, Despite the recent resumption of trade activity, partially caused by speculations in the in our expectations of ETF on bitcoins, The group experts say. Falconx notes: The ability of the crypto to expand assets and the average volume of trade operations fluctuate at the level of the total 1% capitalization.
Falconx conclusions are consonant with the experts of the analytical company Kaiko. Kaiko counts, that a long lack of liquidity, which was the result of huge losses of markemakers against the backdrop of the collapse of the FTX Exchange, led to that, that the digital asset market has become less susceptible to positive signals and is not capable of rapid restoration.
Another of the reasons for that, that the digital asset market does not receive new cash injections, there may be an increase in interest rates in the traditional sector of finance. If previously crypto -investors were attracted by promises of two -digit or three -digit yield figures, then, after the liquidity of a part of the crypto acts, traditional financial instruments began to look more attractive and safe. According to Delphi Digital, In the spot market, the total volumes of trading of crypto actures and at centralized, and in decentralized exchanges are at a long minimum.
Former Bitmex CEO Arthur Hayes (Arthur Hayes) stated, that “Hype around ETF Bitcoin” is not related to the recent growth of the VTS course. According to the cryptoexpert, Investors buy BTC, Waiting for "high inflation on the background of wars around the world".
