Gate Ventures: Increased volatility in mainstream assets, continuous development of industry infrastructure

PANews February 24 Report: According to the latest crypto weekly report from Gate Ventures, the US dollar index remains relatively high, long-term government bond yields are rising, and gold prices hit a monthly high, indicating an overall increase in risk-averse sentiment in the market. In terms of crypto assets, last week BTC declined by 1.73%, ETH fell by 0.42%, but the ETH/BTC ratio slightly rebounded by 1.3% to 0.0287. There was a noticeable outflow of funds, with BTC spot ETF net outflows of $315.86 million and ETH spot ETF net outflows of $123.37 million, with market sentiment in the “extreme fear” zone. The overall crypto market cap decreased week-over-week, with most mainstream assets weakening.

Industry-wise, traditional derivatives trading institutions are pushing for longer-term crypto product trading arrangements, and market infrastructure is evolving toward higher frequency and more continuous trading mechanisms. Some mining and computing power-related companies are accelerating diversification into AI and data centers, reflecting a reallocation of computational resources. Meanwhile, sports and prediction sectors are attracting new capital attention. In venture capital, seven deals were disclosed last week, totaling approximately $104.5 million, a significant decline from the previous week. Funds mainly flowed into social and infrastructure sectors, with infrastructure projects accounting for over half of the deals by number. Overall, in a weak market sentiment environment, capital allocation is becoming more structural and cautious.