Gate Ventures: Opportunities and innovation remain amid market correction; funding surpasses $1.4 billion last week.

The crypto market experienced a general correction over the past week, with BTC and ETH falling by 7.88% and 9.44% respectively, while both saw continued ETF outflows. Market indicators show cautious investor sentiment, with the Fear & Greed Index remaining in the "extreme fear" range, and the ETH/BTC ratio continuing to decline. The total market capitalization of the entire crypto market decreased by 7.48%, with assets outside the top ten experiencing even larger declines, indicating significant pressure on altcoins. However, despite the overall market weakness, several ecosystem updates attracted industry attention, and some of the top 30 assets still recorded gains.