TechFlow news, on May 16, Matrixport released its weekly Matrix on Target report stating that recent announcements by Trump focusing on investment attraction and transaction partnerships have further boosted market optimism toward both stocks and Bitcoin.
FTX is expected to initiate the claims repayment process around May 30 for accounts with claims exceeding $50,000, distributing approximately $5 billion in stablecoins. The institution believes part of these funds may flow back into the crypto market, resonating with the continuous inflows into spot Bitcoin exchange-traded funds (ETFs).
In addition, multiple positive factors—including around $100 billion in planned initial public offerings (IPOs) by crypto firms and Coinbase's inclusion in the S&P 500 index—could support Bitcoin in maintaining high levels, with the bullish trend likely extending into summer.
