TradFi invests over $5B into crypto firms even while Bitcoin declines

October closed roughly 4% down for Bitcoin, yet venture funding hit $5.1 billion in the same month, the second-strongest month since 2022. According to CryptoRank data, three mega-deals account for most of it, as October defied its own seasonal mythology. Bitcoin fell 3.7% during a month traders have nicknamed “Uptober” for its historical winning streak, The post TradFi invests over $5B into crypto firms even while Bitcoin declines appeared first on CryptoSlate.