Gate Ventures: Diverging trends in cryptocurrency market, accelerating AI and Web3 innovations

Following the Federal Reserve’s 25 basis point cut to 4–4.25%, the cryptocurrency market demonstrates divergent trends. While Bitcoin remains steady, Ethereum experiences a slight decline, and altcoins reflect minor downturns.

Gold prices have surged due to expectations surrounding Fed policy changes, further influencing investor sentiment across markets.

Venture capital funding in the crypto sector reached 741 million USD this week, reflecting a 25% year-over-year growth, indicating robust interest in AI and Web3 projects.

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