The capital shift towards mega-IPOs could temporarily divert institutional focus from Bitcoin, impacting its liquidity and market dynamics. Michael Saylor warns mega-IPOs will trigger capital rotation away from Bitcoin.
XRP remained under pressure alongside the broader crypto market, as Bitcoin lost its key $70,000 support level during Tuesday's risk-off trading session.
This week, bitcoin took a trip to its lowest price tag of 2026, slipping to $59,100 per coin and now sitting a touch more than 50% below the leading crypto asset's all-time high above $126,000.