Christmas sparks over $100 million crypto inflows following last week's sharp drop

Cryptocurrencies

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James Butterfill has observed the shifting dynamics of the crypto market ahead of Christmas, after the market experienced a dip following a string of hype-driven news.

This shift resulted in over $100 million in crypto inflows, reversing the downturn from the previous week.

The shift indicates that the festive period could have had a significant influence on the market.