TechFlow news, July 22 — According to a recent report by independent analyst Markus Thielen, as multiple crypto firms prepare for IPOs, Wall Street investment banks are inclined to sustain high Bitcoin prices to create a favorable market environment ahead of upcoming listings. Companies including Circle have already filed their prospectuses, with new projects lining up for上市 almost every week. Meanwhile, stocks of publicly traded crypto-related companies have surged significantly: MicroStrategy up 47%, Coinbase up 67%, Robinhood up 180%, and Circle soaring as much as 597%. This rally has not only boosted market sentiment and enabled continuous investor gains, but also rapidly heightened interest and participation in crypto company IPOs, potentially extending the current Bitcoin bull cycle.
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