Crypto Market Pulse Weekly – 🎉Bitcoin in Trillion Dollar Club

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.

Feb 19, 2024
Crypto Market Pulse

Weekly Market Index

Last week’s crypto market prices were up +8.27%. Volume and volatility increased by +50.20% and +20.13%, respectively.

Market Index 19 Feb 2024

Chart of the Week

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.

Chart Of Week 19 Feb 2024

Weekly Performance

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.

Token Grid 19 Feb 2024

Selected key categories were all up in terms of market cap change in the past seven days, led by Artificial Intelligence.

Sector 19 Feb 2024 1

News Highlights

  • Venture funding for crypto-related companies in the fourth quarter of 2023 reportedly totaled $1.9 billion, a 2.5% increase from the prior quarter. It marks the first time that venture investments in crypto startups have risen since the March quarter of 2022.
  • Citibank worked with WisdomTree and Wellington Management using Layer-1 blockchain Avalanche’s Spruce Subnet to explore the tokenisation of private equity funds.
  • Spanish telecommunications company Telefonica announced a strategic alliance with Chainlink Labs to integrate real-world telecommunications capabilities into blockchain networks for improved security.

Recent Research Reports

  • Alpha Navigator: Quest for Alpha [January 2024]: Fed signals rate cut in March unlikely. Asset class performance was mixed in January, with crypto and equities up slightly.
  • Research Roundup Newsletter [January 2024]: We present to you our latest issue of Research Roundup, featuring trending market insights in January, charts of the month, and our deep dive into the world of crypto ETFs.
  • Crypto ETFs: This report explores what crypto ETFs are, providing an overview of the current crypto ETF market and looking into how they work as investment vehicles. Plus, we explore their features, significance, advantages, and drawbacks.

Recent University Articles

Catalyst Calendar Crypto Calendar
Macro Calendar 19 Feb 2024

We’re all ears.

Your feedback helps make our reporting more insightful. Tell us how we can improve this newsletter by taking the survey below. It will take less than a minute of your time. Thank you!


Research and Insights Team


The information in this report is provided as general market commentary by and its affiliates, and does not constitute any financial, investment, legal, tax, or any other advice. This report is not intended to offer or recommend any access to products and/or services. While we endeavour to publish and maintain accurate information, we do not guarantee the accuracy, completeness, or usefulness of any information in this report nor do we adopt nor endorse, nor are we responsible for, the accuracy or reliability of any information submitted by other parties.

This report is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of, or located in a jurisdiction, where such distribution or use would be contrary to applicable law or that would subject and/or its affiliates to any registration or licensing requirement.

The brands and the logos appearing in this report are registered trademarks of their respective owners.



Market Updates

Share with Friends

Ready to start your crypto journey?

Get your step-by-step guide to setting up an account with

By clicking the Get Started button you acknowledge having read the Privacy Notice of where we explain how we use and protect your personal data.
Mobile phone screen displaying total balance with App

Common Keywords: 

Ethereum / Dogecoin / Dapp / Tokens