Crypto markets witnessed a historic surge last week as fundraising reached an all-time high of $3.5 billion across 28 deals just days before a sharp market crash erased billions in value. According to Cryptorank, this marked the strongest week ever for crypto fundraising, surpassing the previous $3 billion record set in early August.
The funding boom was fueled by renewed investor confidence as Bitcoin (BTC) soared to a new all-time high of $126,000 on October 6. Blockchain service providers led the trend, securing 12 of the total funding rounds, followed by centralized finance (CeFi) projects. Pantera Capital emerged as the most active investor, while Coinbase Ventures and Animoca Brands continued to dominate long-term investment activity.
However, the optimism faded by Friday when BTC plunged over 13%, dropping to nearly $105,000 after a surprise 100% tariff announcement by US President Donald Trump against China. The sudden crash triggered around $20 billion in liquidations, highlighting the volatility still gripping the digital asset market.
Market Overview — Top 5 Cryptocurrencies
| Rank | Coin | Price (USD) | 24h Change | Market Cap (USD) |
| 1 | Bitcoin[1] (BTC) | $108,950 | -2.5% | $2.15 Trillion |
| 2 | Ethereum (ETH) | $3,120 | -1.8% | $375 Billion |
| 3 | Binance Coin (BNB) | $602 | -1.2% | $90 Billion |
| 4 | Solana (SOL) | $165 | -2.0% | $78 Billion |
| 5 | XRP | $0.56 | -0.9% | $30 Billion |
Experts note that despite the crash, the record fundraising week reflects strong institutional interest in blockchain innovation.
“This level of capital inflow signals that investors are betting big on long-term crypto infrastructure, not short-term price action,” said a Pantera Capital spokesperson.