Matrixport: US strategic Bitcoin reserves failed to ignite market sentiment, retail investor enthusiasm remains low
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Odaily report: According to the chart released by Matrixport today, the White House Crypto Summit and the confirmation of the US strategic Bitcoin reserve have failed to ignite market sentiment, and the crypto market has not seen a significant upward trend, with the perpetual contract funding rate still hovering at single-digit levels. This indicates that the enthusiasm of retail investors 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 formal inauguration has been relatively muted, clearly indicating that Bitcoin needs a more impactful catalyst to usher in a new round of upward movement.
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