The latest report from Matrixport discusses the key factors supporting the bullish scenario for Bitcoin in 2025, including preparations for initial public offerings (IPOs) of crypto companies.
IPO Expectations and Their Impact on Bitcoin
Matrixport emphasizes that one of the main factors supporting the bullish scenario for Bitcoin is linked to the IPO preparations of crypto companies. Wall Street investment banks are keen to create favorable market conditions for these IPOs, supporting high BTC prices.
Rise of Crypto Stocks
Additionally, the rise in stock prices of crypto-focused companies also supports investor interest.
- MicroStrategy: 47% increase
- Coinbase: 67% increase
- Robinhood: 180% increase
- Circle: a stunning 597% rise.
Future of Bitcoin Amidst Crypto Companies' IPOs
Matrixport claims that the IPO cycle of crypto companies can extend the bull market, providing support for Bitcoin prices. The anticipation of IPOs is attracting interest from both traditional financial players and individual investors, which could keep BTC strong in 2025.
Given the ongoing rise in crypto stocks and the increasing interest in IPOs, it is expected that Bitcoin will remain at a high level over the coming year.