Crypto Fundraising Hits $3.5 Billion Record Amid Market Chaos

- Crypto firms raise historic $3.5 billion in a turbulent week. - BTC hits $126,000 before crash erases $20 billion in liquidations. During the week of October 6–October 12, 2025, the cryptocurrency industry reached a historic milestone as companies raised a record $3.5 billion in funding amid sharp market volatility. On October 13, Cointelegraph reported that this is the largest amount of capital the sector has ever secured in a single week, with investors channeling the majority of these funds into developing blockchain services. Meanwhile, Bitcoin (BTC) also made headlines during this period, surging to a new all-time high of $126,000 on October 6. The rally was fueled by increasing investor confidence and significant sector-wide investments. However, this optimism was short-lived, as geopolitical tensions disrupted the market later in the week. On Friday, the U.S. government announced a 100% tariff on China, which triggered widespread sell-offs that erased $20 billion in liquidations across the crypto market. The downturn underscored the sector’s vulnerability to external shocks and the fragility of investor sentiment during periods of uncertainty. According to data from CoinMarketCap on October 13, Bitcoin was trading at $114,229.25 as of 15:09 UTC, reflecting a partial recovery with a 1.18% increase in 24-hour trading volume. Hyperliquid (HYPE), another notable player, was trading at $40.13 as of 15:08 UTC, with its 24-hour trading volume up 2.35%.