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

Mars Finance News: Matrixport released today's chart stating that one key logic for our optimistic view of Bitcoin's trend in 2025 is that as crypto companies prepare for listing, Wall Street investment banks are also willing to push Bitcoin to maintain a high position, creating a favorable market atmosphere for the upcoming IPO. Now, this logic is gradually being realized: multiple companies, including Circle, have submitted prospectuses, with almost new projects queuing up for listing every week. Meanwhile, the stock prices of multiple crypto-related listed companies have significantly increased, further boosting market sentiment: MicroStrategy rose 47%, Coinbase rose 67%, Robinhood rose 180%, and Circle rose as high as 597%. Investors continue to profit, and market attention and enthusiasm for crypto company IPOs are rapidly heating up. This momentum is expected to extend the current Bitcoin bull market cycle.