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It was mostly due to the market being very low the last year and beginning of the year : - Interest rates rise cut cash flow to many startups - NFT bubble burs
by ygouzerh 3y ago
It was mostly due to the market being very low the last year and beginning of the year :
- Interest rates rise cut cash flow to many startups
- NFT bubble burst
- And mostly: the FTX drama, which froze even more investments in the market
Now it's starting to get back to "normal" (actually a bit more than normal with the Bitcoin spot ETF being approved)