Stacks founder: Crypto market liquidity outflow may also be caused by Anthropic IPO siphoning capital

Odaily: Muneeb, founder of Bitcoin Layer 2 Stacks, posted on X platform stating that crypto market liquidity is flowing out, possibly related to Anthropic's IPO next week, and the stablecoin supply decreasing by $17 billion over the past month is an important indicator.

At the same time, he believes the world is becoming increasingly uncertain, with both new opportunities and new concerns, and in such periods, volatility will also increase. Bitcoin sets the ceiling for the entire crypto industry, and it doesn't matter what other projects do, because they will ultimately perish with Bitcoin's decline.