Great Time to Buy Crypto May Follow 50% Index Drop, Bloomberg Strategist Says

Key Takeaways: Bloomberg Galaxy Crypto Index may decline toward lower support, signaling a delayed but clearer crypto entry opportunity. Mike McGlone indicates crypto market pressure persists as volatility and expanding supply continue limiting sustained momentum. Bitcoin’s prior surge above $100,000 may mark a lasting peak if Bloomberg Galaxy Crypto Index weakness continues. Bloomberg Galaxy Crypto…

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Why is XRP flat despite record ETF inflows?

Spot XRP ETFs recorded a new all-time high in cumulative net inflows after investor demand returned in April.  Summary Spot XRP ETFs reached $1.29 billion in cumulative inflows after April demand returned strongly again. XRP stayed near $1.43 despite fresh ETF inflows and renewed investor demand this week recently. Nearly 35 million XRP left exchanges,…

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