The cryptocurrency market saw various intriguing developments in 2023. On the investment trends, crypto venture capital (VC) saw a notable dip over the past year. VC plunged to $10.7 billion in 2023, a 68% slump from $33.3 billion in 2022.

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Nonetheless, 2023 remains the 3rd-highest year from overall cryptocurrency investments, outshining 2019 and 2020 bear market performances.

Cryptocurrency investments in 2023

The market saw most of 2023 investments happening in the year’s initial half, with the past six months recording declines. Nevertheless, November saw a slight surge amid renewed investor interest. Also, there were changes in the investment stages. Investors delved more into pre-seed, seed, & series A fundings.

Contrarily, mid & later-stage funding dips, indicating a shift toward new ventures within the digital assets market.

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