Europe’s largest digital asset investment group Coinshares believes there is only “minor negative sentiment” within the crypto markets now following a grueling 2022 bear market.

As Bitcoin threatens to touch $18,000 for the first time since mid-December, Coinshares analysis reveals that outflows from global crypto funds are starting to wane. According to a recent blog post, Bitcoin saw just $6.5 million in outflows, indicating that sentiment “remains negative,” but only just.

“Digital asset investment products saw outflows totaling US$9.7m, highlighting continued mild negative sentiment that has persisted for the last 3 weeks.”

(By Liam 'Akiba' Wright)