From Coinpedia · By Anjali Belgaumkar
Crypto markets may stay quiet until the expected Anthropic IPO, as investors appear to be pulling cash toward the year’s biggest AI listing. A similar pattern played out in the weeks before SpaceX went public in June, when Bitcoin and altcoins drifted while capital rotated into the new stock. Anthropic’s listing is widely expected within the next one to two weeks, though the company has not confirmed a date. Tuesday’s US CPI report could add short-term volatility but is unlikely to change the trend. Bitcoin’s recent correction has closely tracked the Nasdaq, which fell sharply after the midterms before bouncing on Monday after sweeping liquidity at its lows. If tech stocks keep recovering, Bitcoin is likely to follow, but a clear breakout looks unlikely until the IPO is out of the way.
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