According to Foresight News, data from RootData reveals that the total financing in the cryptocurrency market amounted to $1.019 billion in May 2024. This figure represents a significant 26.9% increase from the $783 million recorded in May 2023. However, compared to the previous month, April 2024, which saw a total financing of $1.033 billion, there was a slight decrease of 3.7%. The data indicates a general upward trend in the financing of the cryptocurrency market, despite the minor monthly fluctuations.