Crypto funding activity in the month of January was expected to be relatively large but instead registered a “big fat zero.”
This reflects a temporary lull in the crypto market, where crypto funding activity for the month of January was significantly lower than had been anticipated.
For perspective, the crypto funding activity for January was estimated to be around $6 billion. All other months were estimated to have lower amounts, with the lowest amount estimated at around $0.5 billion in December.
This shows an unexpected decrease in crypto funding activity in the month of January compared to all other months.
This crypto doughnut may be the result of a combination of factors, such as bearish sentiment in the crypto market, decreased investor interest in crypto, regulatory uncertainty, or other external factors.
It is also important to understand what this lull in crypto funding activity in January could mean for the future of the crypto market and to stay up-to-date on any developments that could have an impact on crypto funding.
$bn per month 2022
January: ~6
February: ~5.8
March: ~4.5
April: ~7
May: ~4.8
June: ~4
August: ~1.4
September: ~1.5
October: ~0.6
November: ~0.6
December: ~0.5
image source JPMorgan
