📉 In Q3 2023, investments in crypto projects amounted to only $2 billion, which is 63% less than in the same period in 2022, Bloomberg reports, citing PitchBook data.
🔍 PitchBook analyst Robert Le notes that the market is no longer seeing large deals, and this is “one of the reasons for the decline.”
📉 Le believes that the negative trend will continue due to investor mistrust after the collapse of FTX.
🔄 CoinShares analysts believe that investors are becoming more discerning in the altcoin market, continuing to invest in XRP and Solana (SOL).
🗣️ When do you think the cryptocurrency market will start to grow again? Let's discuss in the comments!
🔍 PitchBook analyst Robert Le notes that the market is no longer seeing large deals, and this is “one of the reasons for the decline.”
📉 Le believes that the negative trend will continue due to investor mistrust after the collapse of FTX.
🔄 CoinShares analysts believe that investors are becoming more discerning in the altcoin market, continuing to invest in XRP and Solana (SOL).
🗣️ When do you think the cryptocurrency market will start to grow again? Let's discuss in the comments!