💰 𝐖𝐚𝐥𝐥 𝐒𝐭𝐫𝐞𝐞𝐭 𝐈𝐬 𝐁𝐮𝐲𝐢𝐧𝐠 𝐂𝐫𝐲𝐩𝐭𝐨 𝐒𝐭𝐨𝐜𝐤𝐬 — 𝐍𝐨𝐭 𝐂𝐫𝐲𝐩𝐭𝐨 𝐂𝐨𝐢𝐧𝐬 (𝐘𝐞𝐭)
📊 According to Matrixport, big money from Wall Street is flowing into crypto-related stocks — not into Bitcoin or altcoins right now.
🔥 Circle's $24B Valuation Sparked the Move
Circle, the company behind USDC, just went public.
Its IPO pushed its value to $24 billion, nearly $20B more than Coinbase’s recent buyout offer.
This huge jump has renewed investor excitement for crypto companies on Wall Street.
📉 But Bitcoin Isn’t Following the Hype
Despite the stock momentum, Bitcoin and altcoins are staying quiet.
Matrixport points out that BTC funding rates are low or even negative.
That means traders aren’t aggressively buying crypto, and some are even shorting it to hedge their stock positions.
🧭 So Where’s the Money Really Going?
✅ Crypto stocks like Circle, Coinbase, and other blockchain-related companies
❌ Not much into Bitcoin or altcoins — at least for now
This tells us that Wall Street trusts the business side of crypto, but isn’t rushing back into actual tokens yet.
💡 What Should Traders Think?
🔹 If you're trading, this trend suggests that crypto stocks may pump before coins do.
🔹 Some traders might choose to ride the wave with stocks first — and wait for signs of life in BTC and ETH.
🔹 Once crypto prices catch up, a second wave of profits could follow.
📝 Bottom Line:
Wall Street is betting on crypto infrastructure, not just coins. If you're looking for where the smart money is flowing right now — it's into the companies building in crypto, not the tokens themselves… yet.
#CryptoNews #Matrixport #CircleIPO #BTC #Altcoins $BTC