Bitcoin fell roughly 19% during the 50 days before Anthropic’s IPO, mirroring the decline recorded ahead of SpaceX’s June listing. At the time of publication, it was trading at $65,450 after dropping below $70,000 on November 13 and $67,000 over the weekend. Anthropic, the developer of the Claude AI models, plans to begin trading on Nasdaq under the ticker ANT on November 19, offering 825 million shares priced at $70 to $78 each and seeking to raise up to $64.4 billion. Its valuation could reach about $1.4 trillion at the top of the range, while an additional $26 billion private placement has been arranged. After SpaceX’s IPO, Bitcoin declined for another 18 days before rising 28% within the following 100 days. Strive CEO Matt Cole said that a similar pattern could take Bitcoin to $90,000 by the end of February 2027.
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