Gate Research: Crypto VC Investment Up 28% YoY in 2024, DEX Trading Volumes Reach Record Highs

**Gate Research Daily Report: **BTC dropped by 1.35%, and the double-bottom support level remains under test. ETH fell by 2.36%, with market sentiment staying cautious and showing no signs of a breakout. In 2024, total crypto venture capital reached $13.7 billion, marking a 28% year-on-year increase, reflecting strong confidence from the capital markets in the industry. DEX trading volume hit an all-time high, highlighting the strong vitality of the decentralized ecosystem. The estimated storage value of Bitcoin has reached $1.03 trillion, reflecting an 85% increase this year. The Hyper mainnet staking function has been launched, offering users more opportunities to participate and earn. The industry is experiencing both innovation and market momentum, and its future outlook remains promising.

Market Analysis: BTC price dropped by 1.35%, failing to break through its downtrend. Although a double bottom pattern has formed, the support level is still under test.Top Performers: The top-performing altcoins in the past 24 hours were ELIAZASOL, BULLY, and AI16Z, with gains of 58.6%, 42.58%, and 37.78%, respectively.Data Highlights: In 2024, crypto venture capital reached approximately $13.7 billion, marking a 28% year-over-year increase.Spotlight Analysis: The estimated market value for Bitcoin as a store of value is $1.03 trillion, with an 85% increase this year.Market Opportunities: Humanity Protocol offers developers a unique human verification mechanism and provides users with full ownership of their data and identity. The $RWT token assigns real-world value to every action within this network.

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