The tweet was deleted by the author.
But we saved everything 🙂.
Anthropic is aiming to raise up to $64 billion through its initial public offering, while Bitcoin has declined approximately 18% leading up to the IPO.
David Gokhshtein compared this to a previous situation where Bitcoin fell 19% before the SpaceX public listing and later recovered, expressing his view that money is rotating between assets rather than exiting the market.
View post on X Loading...
Gokhshtein has previously addressed Bitcoin rallies and the buy or sell dynamics in the market in prior coverage alongside topics like Tesla and AI bots. He also discussed market gains and Bitcoin's movement in a recent breakdown of crypto market trends, including the impact of AI bots on trading activity, in another report. These earlier discussions provide context for his analysis of asset flows surrounding major IPOs.