Investors Focus on Micro Developments in Crypto Market

Investors are increasingly focusing on micro developments and losing sight of the big picture, which is not beneficial for them. For example, Biden’s anti-crypto statements are causing market sell-offs. On the contrary, the court’s decision in favor of XRP Coin is increasing risk appetite. Corporate Investment in Cryptocurrency According to a recent report, despite facing regulatory scrutiny in the United States, crypto companies continue to attract investment. A report published by Galaxy Digital on July 14 states that US-based crypto start-ups have a significant share of interest from venture capital firms. “US-based crypto ventures accounted for over 43% of all completed deals and raised over 45% of the capital invested by VC firms.” However, it was noted that the total amount of capital invested in crypto and blockchain ventures continues to decline quarter after quarter. “Only $720 million was raised by 10 new crypto VC funds in the second quarter […] The post Investors Focus on Micro Developments in Crypto Market appeared first on COINTURK NEWS.