BTC has pulled back for three consecutive weekly candles, but the altcoin market cap ratio (including ETH) is still holding at a local high. If BTC can show some strength and bounce back in the two weeks leading up to the rate cut, the ratio will likely continue climbing to test the 0.75 level (the white horizontal line in the chart). In my view, this level is crucial in determining whether the altcoin market—especially ETH—can finally break free from the major bearish trend.
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Web3 venture funding surged to $9.6 billion, the second-highest quarter on record, even as the number of disclosed deals fell to just 306 rounds. Capital concentration increased. Fewer companies raised more money, and median round sizes increased across all stages. Series A funding reached $17.6 million, the highest level in more than two years.
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Twenty minutes ago, he deposited 4.07 million USDC into Hyperliquid, all of which he used to purchase $HYPE. This increase in holdings has moved him up eight spots in the rankings. Including staked holdings, he currently holds 487,209.95 HYPE (approximately $18.65 million), representing a $1.535 million profit.
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