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Matrixport: Wall Street Crypto IPO Craze Expected to Extend Bitcoin Bull Market Cycle
Summary: Matrixport released a chart today indicating a key logic for the Bitcoin trend in 2025, as crypto companies prepare for IPOs, Wall Street investment banks are also keen on keeping Bitcoin at high levels to create a favorable market atmosphere for upcoming IPOs. This logic is gradually being realized: several companies, including Circle, have filed ...
Matrixport released a chart today indicating a key logic for the Bitcoin trend in 2025, as crypto companies prepare for IPOs, Wall Street investment banks are also keen on keeping Bitcoin at high levels to create a favorable market atmosphere for upcoming IPOs. This logic is gradually being realized: several companies, including Circle, have filed for IPOs, with new projects lining up for listing almost every week. Meanwhile, the stock prices of many crypto-related companies have surged significantly, boosting market sentiment further: MicroStrategy rose by 47%, Coinbase by 67%, Robinhood by 180%, and Circle by a staggering 597%. Investors continue to profit, and market interest and enthusiasm for crypto company IPOs are rapidly increasing. This momentum is expected to extend the current bull market cycle for Bitcoin.
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Link: Matrixport: Wall Street Crypto IPO Craze Expected to Extend Bitcoin Bull Market Cycle [Copy]
