Why do we always think people would put money into crypto, are there not other investment options or people don't have anything else to do with their money?
For many people, crypto is more liquid than equities. You can sell BTC and have cash in the bank within the hour. Other investments take a day or more to liquidate. I think it's mostly convenience.
Any news of potential movement?
It's not news, exactly. People will have paid their taxes for 2023 and can now start putting cash towards crypto.
Why do we always think people would put money into crypto, are there not other investment options or people don't have anything else to do with their money?
For many people, crypto is more liquid than equities. You can sell BTC and have cash in the bank within the hour. Other investments take a day or more to liquidate. I think it's mostly convenience.