Ether Sees Upward Trend as It Crosses $2,600 Mark

Monday, 12 August 2024, 19:00

Ether has shown a significant upward movement, starting the week strong after surpassing the $2,600 mark over the weekend. CNBC Crypto World provides essential updates and analyses from the digital currency landscape, featuring PitchBook's Robert Le, who discusses the findings from the Q2 crypto report. This report indicates that crypto startups achieved a slight increase in VC funding compared to Q1, despite a decline in overall deal volume, suggesting resilience in the market. Overall, while challenges persist, the outlook for crypto investments remains optimistic.
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Ether Sees Upward Trend as It Crosses $2,600 Mark

Ether's Strong Start to the Week

Ether has shown a significant upward movement, starting the week strong after surpassing the $2,600 mark over the weekend. CNBC Crypto World provides essential updates and analyses from the digital currency landscape.

Highlights from CNBC Crypto World

On today's show, PitchBook's Robert Le discusses findings from their Q2 crypto report, which reveals that:

  • Crypto startups raised slightly more from VC funding compared to Q1.
  • There was a drop in the total number of deals.

Despite these challenges, the report suggests resilience in the market.

Conclusion

Overall, while challenges persist, the outlook for crypto investments remains optimistic.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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