Matrixport: Wall Street's crypto IPO boom is expected to extend Bitcoin's bull market cycle

Odaily News Matrixport released today's 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%.
Circle's increase was as high as 597%. Investors continued to make profits, and the market's attention and enthusiasm for crypto IPOs were also rapidly increasing. This momentum is expected to extend the current bull market cycle of Bitcoin.