Benjamin Cowen says Anthropic IPO could cap BTC gains

Crypto analyst Benjamin Cowen said Bitcoin’s rally could lose momentum if investor attention shifts to AI stocks ahead of Anthropic’s U.S. IPO, according to BeInCrypto. On his YouTube channel, Cowen said Anthropic’s IPO would likely take place within the next month or two and pointed to a previous period before SpaceX’s listing, when investor interest moved toward AI-related stocks and BTC fell. Cowen added a similar capital rotation could emerge again this fall. Anthropic confidentially filed for an IPO in June and is said to be targeting a listing as early as this fall, with its valuation discussed at around $2 trillion.