Matrixport: Wall Street's crypto IPO boom could prolong bitcoin bull market cycle
2025-07-22 07:04:29
According to the latest report by independent analyst Markus Thielen, as a number of crypto companies prepare to go public, Wall Street investment banks are interested in promoting Bitcoin to maintain a high level and create a favorable market environment for the upcoming IPO. At present, many companies, including Circle, have submitted prospectuses, and new projects are queuing up to go public almost every week. At the same time, the share prices of crypto-related listed companies rose sharply, MicroStrategy rose 47%, Coinbase rose 67%, Robinhood rose 180%, and Circle rose as much as 597%. This craze has not only boosted market sentiment, but investors have continued to profit. The attention and enthusiasm for crypto IPOs are also rapidly heating up, which is expected to prolong the bull market cycle of Bitcoin.
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