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

CoinRank News: Matrixport released todays chart, saying that a key logic for our optimism about Bitcoins trend in 2025 is that as crypto companies prepare to go public, Wall Street investment banks are also interested in keeping Bitcoin at 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 queuing up for listing almost every week. At the same time, the stock prices of many crypto-related listed companies have risen sharply, further boosting market sentiment: MicroStrategy rose 47%, Coinbase rose 67%, Robinhood rose 180%, and Circle rose as much as 597%. Investors continue to make profits, and the markets attention and enthusiasm for participating in crypto IPOs are also rapidly heating up. This momentum is expected to extend Bitcoins current bull market cycle.