Base and Ton ecosystems were the most favored by investors in August. Possibly affected by the overall sluggish market, only 22 projects were included in the statistics for TGE this month.

Bitcoin still has the potential to develop along the previous halving trajectory, and we expect the fourth quarter to be very bullish. According to historical data, either the low of the third quarter has already occurred, or we have one last round of decline to find Bitcoin's bottom.

Bitcoin attempted to rise yesterday but failed to break through its triangular pattern. However, with changes in election odds and a slightly favorable risk appetite environment, Bitcoin may try to rise again.

In July, the total amount of financing in the cryptocurrency sector was $1.01 billion, a month-on-month increase of 36% and a year-on-year increase of 83.6%. The number of financing rounds was 112, a month-on-month increase of 10.89% and a year-on-year increase of 36.6%.

In this article, we will focus on specific financing data, active investors, trending projects, and other aspects to present the changing trends in the cryptocurrency market.

The cryptocurrency market has fully entered a bull market, with a total financing amount of 700 million USD in the cryptocurrency sector in February, a month-on-month increase of 8.15%. The number of financing rounds reached 138, setting a new high in nearly 16 months. HashKey Capital and Cypher Capital were the venture capital firms with the highest investment frequency in February, each having made 8 investments.

The total amount of financing in the cryptocurrency sector in December was $909 million, a year-on-year decrease of 6.5%, with the number of financing rounds at 98, a year-on-year increase of 5.3%.