Bitcoin is heading toward its sixth straight weekly decline, down 21% in 2026 and 11% this month. Traders are bracing for Anthropic’s massive Nasdaq debut and tighter Fed expectations.

  • Anthropic seeks up to $64.4B, with demand reportedly six times available shares
  • Nvidia plans roughly $10B in Anthropic’s private placement
  • Bitcoin has fallen 17% this quarter; the Fed decision arrives December 9

LaunchBar takeaway: this looks like liquidity rotation, not a crypto thesis collapse—especially after Bitcoin rebounded following SpaceX’s debut. Volatility remains dangerous, but a heavily oversold BTC market could squeeze hard if IPO demand absorbs rather than drains risk capital.