
Bitcoin back above US$1 trillion in market cap. Citibank explores tokenisation of private equity funds. Venture funding for crypto firms totaled US$1.9B in Q4 2023.
Last week’s crypto market prices were up +8.27%. Volume and volatility increased by +50.20% and +20.13%, respectively.
Bitcoin continues to extend its gains and last week crossed US$1 trillion in market cap, for the first time since 2021. With over US$1 trillion in market cap, Bitcoin makes it into the trillion dollar club within a list of the top ten US companies by market cap, joining the likes of Microsoft and Apple.
Bitcoin (BTC) and Ethereum (ETH) rose by +7.1% and +14.1%, respectively, in the past seven days. Price action for other selected top-cap tokens was also mostly positive.
Selected key categories were all up in terms of market cap change in the past seven days, led by Artificial Intelligence.
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