What bear market? Investors throw record cash behind blockchain firms in 2021
Cointelegraph
Published Aug 08, 2021 08:07AM ET
Updated Aug 08, 2021 09:40AM ET
Despite the recent slight recovery of the cryptocurrency market, there is no denying the fact that the crypto industry has been faced with a great deal of volatility over the last few months, made evident by the total market capitalization of the sector that dipped from $2.5 trillion to $1.18 trillion over a 45-day span earlier this year.
Through all these ups and downs, however, 2021 has continued to see an increasing amount of capital enter this fast-evolving space. For example, reports indicate that over the first half of the year alone, venture capital (VC) funds poured in $17 billion into various crypto-related startups and companies.
h3 A closer look at the numbers/h3 h3 More notable VC activities/h3 h3 What lies ahead?/h3Continue Reading on Coin Telegraph
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Written By: Cointelegraph
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