Bitcoin Slides Before Anthropic Listing

United StatesBitcoin is down 21% this year and 11% in November.

One explanation is capital moving to Anthropic’s stock offering, which drew orders for roughly 6 times its shares.

Before SpaceX’s 12 June listing, bitcoin fell about 20% in 4 days, from $75,000 to $60,000.

Bitcoin rebounded toward $68,000 after SpaceX began trading.

Anthropic is expected to debut on Nasdaq next week, and the Federal Reserve decides on 9 December.

Sources: CoinDesk