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Crypto Funding Shows Yearly Growth Despite February Slowdown
Crypto Funding Shows Yearly Growth Despite February Slowdown
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BTCCSquare news:
Crypto funding has surged approximately 50% year-over-year, according to Messari data. Yet, the sector faced a sharp 65.31% monthly decline in February, with capital raised dropping to $795 million as major digital assets extended their losses.
Macroeconomic uncertainty and geopolitical tensions have weighed heavily on investor sentiment, contributing to the market's struggles. While the annual growth figure signals resilience, February's downturn underscores the volatility inherent in crypto markets.
Messari's report reveals a concentration of capital deployment, with three days—February 18, 19, and 25—accounting for 57% of the month's total funding. February 25 alone saw $269.15 million raised across 10 rounds.
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