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Bitcoin

Bitcoin Mirrors Pre-SpaceX Drop Ahead of Anthropic IPO, History Points to $90,000 by February

Image: U.Today

The price of Bitcoin has dropped by around 19% over the 50 days before the Nasdaq debut of Anthropic, and the decline is similar to the one that Bitcoin had ahead of the SpaceX listing in June. At press time, Bitcoin is trading at $65,450, according to TradingView . Bitcoin fell below $70,000 on Nov. 13, and it dropped below $67,000 over the weekend. Anthropic, the developer of the Claude AI models, is set to start trading on Nasdaq under the ticker ANT on Nov. 19. The AI company is offering 825 million shares at $70 to $78 each and aims to raise up to $64.4 billion in the IPO.

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