Matrixport: Factors such as FTX debt repayment and increased market liquidity may drive BTC to continue rising into the summer

2025-05-16 15:46:41

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ChainCatcher news, Matrixport released the Matrix on Target weekly report stating that the recent shift in Trump's focus towards investment and trade cooperation announcements has further boosted market optimism for the stock market and Bitcoin.

FTX is expected to initiate the claims repayment process for accounts with claims exceeding $50,000 around May 30, distributing approximately $5 billion in stablecoins. The institution believes that part of this funding may flow back into the crypto market, resonating with the ongoing inflow of funds into Bitcoin spot exchange-traded funds (ETFs).

In addition, the approximately $100 billion IPO plans of crypto companies and Coinbase's inclusion in the S&P 500 index, along with several positive factors, may support Bitcoin's high-level performance, with the trend expected to continue into the summer.

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