Worldcoin has successfully raised $240 million in a new funding round, achieving a valuation of $2.5 billion. This investment underscores sustained interest in identity-focused cryptocurrency projects, even as the sector faces increasing regulatory scrutiny.
In the broader market, Bitcoin is approaching a potential death cross, with risks of a pullback toward $74,000, while $100,000 remains a critical support level. Ethereum has dipped near $3,600 amid high trading volumes, and Bitcoin Cash has seen a slight increase, moving toward $530. Meanwhile, UK investors have withdrawn £7.3 billion from equities, driven by tax concerns and AI valuations, and China's EV sector reports mixed results with declining domestic sales but rising exports.
Worldcoin Raises $240M at $2.5B Valuation Amid Market Uncertainty
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