Ready For The Fourth Crypto Bull Cycle?

Quoting Silicon Valley venture capital firm Andreessen Horowitz (a16z) Noelle Acheson describes the crypto bull cycles run in phases one leading to the other:

"The price goes up, which leads to new interest, which triggers new ideas and use cases, which leads to new startups and funding, which leads to product launches that bring in more people. Rinse and repeat."

Now the bitcoin price has broken the $10,000 barrier - the first phase of the cycle - has the fourth crypto bull cycle started?

But there is more than just the price hike. Andreessen Horowitz created a crypto fund II expecting to raise $450 Million and was oversubscribed with $515 Million before closing in April 2020. So, are we getting ready for the next phase - funding?

Source credit: https://www.coindesk.com/a16z-andreesen-horowitz-innovation-crypto-venture-funds-institutional-investors

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