Crypto venture funding fell sharply in November, with deals dropping 28% to just 57 investments as market uncertainty and tighter capital conditions kept investors cautious. The slowdown reflects a broader pullback from early-stage bets despite improved sentiment around major tokens. Many funds shifted focus to follow-on rounds and established projects, leaving fewer new startups funded. Infrastructure, gaming, and DeFi continued to attract selective interest, but overall activity remained muted, highlighting ongoing caution across the crypto investment landscape even as some segments show early signs of recovery.