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