Bitcoin heads for sixth weekly loss as Anthropic’s blockbuster IPO looms
AI summary
Bitcoin is heading for its sixth consecutive weekly loss and is down 21% this year. Traders are weighing Anthropic's anticipated blockbuster IPO, leadership turmoil at Nvidia and rising expectations of Fed rate hikes, all of which are pulling capital away from crypto. The losing streak signals persistent weakness in risk appetite that could keep BTC under pressure near-term.
