Blockbuster IPOs Starve Crypto of Needed Liquidity

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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 price direction of BTC and other cryptos is likely to be keenly watched by companies like Circle Internet Group Inc. (NYSE: CRCL) over the coming weeks as any developments could set the tone for the…

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