Blockbuster IPOs Starve Crypto of Needed Liquidity
Bitcoin slid to its weakest level in several months last week as investors continued shifting funds toward equities and other high-profile opportunities, adding pressure to the digital asset market. The leading crypto briefly dropped to about $65,385, marking a decline of roughly 2.3% and reaching its lowest point since February. The move came after U.S. stock benchmarks, including the Nasdaq 100 and S&P 500, closed Tuesday at fresh record highs. Markets in Asia also posted gains, with Japan’s Nikkei 225 advancing to a new all-time peak. Market analysts say the decline reflects a broader reallocation of capital rather than a…





