Venture Capitalists Infuse $2.5 Billion into Crypto Market, Boosting Coin Value in Q1 2024: Galaxy Research Insights
full version at en.coinotag
- New data from Galaxy Research reveals a significant increase in venture capitalist investments in the cryptocurrency industry during Q1 of 2024.
- The total investment reached $2.49 billion, marking a 29% quarter-over-quarter rise.
- This surge in investment could indicate that Q4 of 2023 was the market bottom, with Bitcoin’s price decoupling from VC activity.
Galaxy Research reports a 29% QoQ increase in venture capitalist investments in the cryptocurrency industry during Q1 of 2024, suggesting a potential market recovery.
Surge in Venture Capitalist Investments in Crypto
According to a recent report by Galaxy Research, venture capitalists invested a staggering $2.49 billion into cryptocurrencies during the first quarter of 2024. This represents a 29% increase from the previous quarter, marking the first rise in both capital inves... Read the full article for FREE at COINOTAG!