Just noticed the venture capital funding in crypto absolutely tanked in April. We're talking $660M raised across 62 deals, which is a brutal 75% drop from a year ago. That's basically the floor we've hit since early 2025. Compare that to March when things looked way healthier at $2.6B with 84 rounds going through, and you can see how fast the sentiment shifted.

What's wild is how different this looks from October 2025 when startups were pulling in almost $3.85B across 120+ deals. Venture capital investors seem to be getting cold feet now. Between Bitcoin and Ethereum both swinging hard and macro uncertainty creeping back in, people are clearly tightening their belts on new project bets. The risk-off mood is real across the space right now.