Crypto valuations ‘came back to earth’ in 2023, but VCs expect them to rise again in 2024

Crypto valuations ‘came back to earth’ in 2023, but VCs expect them to rise again in 2024

10 months ago
Anonymous $Pi6HN8Q0B-

https://techcrunch.com/2023/12/20/crypto-valuations-2023/

The past couple of years have proved to be a turbulent time for the crypto industry. As if a spate of big crypto institutions failing or going under wasn’t enough, the industry saw many tourist investors running for the gates as the wider macroeconomic climate worsened.

But a recent spike of interest in crypto, driven by rising Bitcoin and Ethereum prices, is rebuilding momentum, and many think that next year could be promising for crypto startups’ valuations.

Crypto valuations ‘came back to earth’ in 2023, but VCs expect them to rise again in 2024

Wed Dec 20, 7:40pm UTC
https://techcrunch.com/2023/12/20/crypto-valuations-2023/ > The past couple of years have proved to be a turbulent time for the crypto industry. As if a spate of big crypto institutions failing or going under wasn’t enough, the industry saw many tourist investors running for the gates as the wider macroeconomic climate worsened. > But a recent spike of interest in crypto, driven by rising Bitcoin and Ethereum prices, is rebuilding momentum, and many think that next year could be promising for crypto startups’ valuations.