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Bitcoin rises 26% since SpaceX IPO as Anthropic's $1.9T IPO looms, testing crypto's resilience amid market shifts.

Market News
27 Oct 2026, 17:35 WIB
Bitcoin
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Neutral
Bitcoin rises 26% since SpaceX IPO as Anthropic's $1.9T IPO looms, testing crypto's resilience amid market shifts.

Since the SpaceX IPO in June, Bitcoin has gained 26% despite recent declines and challenging macroeconomic conditions. The upcoming Anthropic IPO, valued at nearly $1.9 trillion, could divert investment from Bitcoin, but other factors like ETF flows and tightening credit also influence Bitcoin's price. Bitcoin's ability to maintain its appeal as a hard asset amid rising competition and economic uncertainty will be crucial in the near term. Market watchers note that Bitcoin has shown resilience by moving independently of broader market trends, suggesting the Anthropic IPO may only have a short-term impact.

Following the SpaceX IPO, Bitcoin has continued to show resilience as it trades at Rp1.451.488.544 on Pluang, up 0.34% in the last day as of Oct 27, 2026 21:51 WIB. Despite the looming Anthropic IPO, Bitcoin maintains strong market activity with a market cap of Rp29.243,21 trillion and a 24-hour trading volume of Rp414,05 trillion. Investor behavior on Pluang shows a predominance of sell orders at 73%, while typical holding time remains steady at 112 days, indicating ongoing engagement with Bitcoin amid evolving market conditions.

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