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Bitcoin heads for sixth weekly loss as Anthropic’s blockbuster IPO looms
Investors are shifting cash into Anthropic’s oversubscribed offering, while US spot Bitcoin ETFs logged $299.8 million in net withdrawals, Farside Investors said.
Bitcoin has fallen below $70,000 on Nov. 13, with Xapo Bank CEO Seamus Rocca pointing to demand for Anthropic’s upcoming stock market listing as a source of pressure on the cryptocurrency. In comments supplied to crypto.news, Rocca said Bitcoin had…