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Matrixport: Wall Streets crypto IPO boom is expected to extend Bitcoins bull market cycle

By: odaily.com|2025/07/22 07:11:50

Odaily News Matrixport released todays chart, saying that a key reason why we are optimistic about the trend of Bitcoin in 2025 is that as crypto companies prepare to go public, Wall Street investment banks are also interested in pushing Bitcoin to maintain a high level to create a favorable market atmosphere for the upcoming IPO. Today, this logic is gradually being fulfilled: many companies including Circle have submitted prospectuses, and new projects are waiting to be listed almost every week.
At the same time, the stock prices of several crypto-related listed companies rose sharply, further boosting market sentiment: MicroStrategy rose 47%, Coinbase rose 67%, and Robinhood rose 180%.
Circles increase was as high as 597%. Investors continued to make profits, and the markets attention and enthusiasm for crypto IPOs were also rapidly increasing. This momentum is expected to extend the current bull market cycle of Bitcoin.

BTC rebounded and broke through 118,000 USDT, and the 24-hour decline narrowed to 1.16%

The Swedish company Fragbite Group has purchased approximately 4.3 BTC, initiating the establishment of a Bitcoin treasury.