某交易所 Ventures: BTC and ETH experience significant pullbacks, while investment and financing activity rises against the trend
According to ChainCatcher, the latest crypto weekly report released by a certain exchange shows that the overall crypto market experienced downward pressure and a correction over the past week, with BTC dropping by 8.7% and ETH's decline expanding to 19.4%. ETF capital flows weakened significantly, with BTC and ETH ETFs recording net outflows of approximately $1.49 billions and $327 millions respectively. The total market capitalization of crypto assets fell by 11.3% during the week. The ETH/BTC exchange rate dropped below the key 0.03 level, market sentiment further deteriorated and entered the "extreme fear" zone, and with increased volatility, leverage and position pressures gradually emerged.
In terms of on-chain and industry activities, despite market pressure, venture capital and innovation trends continued to play a driving role. Multiple developments focused on payment infrastructure, compliant on-chain services, and adaptive DeFi architectures. In terms of investment and financing, a total of 11 financing deals were completed last week, with disclosed financing totaling approximately $188.5 millions, up about 52% from the previous week. The funds were mainly concentrated in DeFi and infrastructure-related sectors. These dynamics indicate that, against a backdrop of cautious sentiment, capital allocation remains structurally selective and continues to support developments related to long-term on-chain utility.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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