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BITCOIN Pattern That Could Launch BTC Higher! CARDANO Bulls Prepare!VC crypto bets totaled just under $ billion in April-July this year, the lowest quarterly level for over three years, according to data. While VC investment has typically correlated to Bitcoin price, that correlation broke down significantly in , with Bitcoin rising % while. Venture capital funds and other institutional investors are increasingly eyeing cryptocurrency businesses to see if there's a profit to be made in financing.