Crypto IPOs and Nvidia drop could propel Bitcoin rally in 2025
January 28, 2025, 1:01 PM
Cryptocurrency market analysis firm 10x Research predicts that upcoming crypto Initial Public Offerings (IPOs) in 2025, valued at nearly $100 billion, and Nvidia’s historic valuation drop could drive Bitcoin prices higher, according to Cointelegraph. The decline in Nvidia's stock, triggered by competition from China's AI firm DeepSeek, may ease inflation pressures and prompt favorable Federal Reserve policies, creating bullish conditions for Bitcoin. The report highlights that maintaining high Bitcoin prices could benefit IPO valuations, as seen during Coinbase's 2021 listing. However, concerns over the $36 trillion U.S. debt ceiling could lead to a temporary correction, with Bitcoin potentially dipping to $70,000 before rallying again in 2025.
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