币界网报道：According to the latest report of MatrixOnTarget, Matrixport pointed out that the current crypto market is welcoming IPO plans totaling $132 billion, which may have an important impact on the price of Bitcoin. The report shows that Bitcoin has recently exceeded $106,000, partly due to the market capital injection brought by the IPO boom of crypto companies such as Circle. Circle's market value has reached $23.5 billion, far exceeding the initial expectation of $7.9 billion. In addition, crypto exchanges such as Bullish, Gemini and Kraken are also planning to go public in the coming months, with valuations of $13.5 billion, $10.5 billion and $16.2 billion respectively. The report analyzed that these IPOs may further attract investors from traditional financial markets to enter the crypto field, thereby providing indirect support for Bitcoin prices. However, the market still needs to pay attention to whether the IPO boom will bring short-term fluctuations or long-term support. The report also mentioned that Circle's current price-to-earnings ratio is as high as 340 times, significantly higher than Coinbase's 42 times and other similar companies, and there may be a risk of overvaluation. Matrixport believes that as more crypto companies go public, the market's attention and demand for Bitcoin are expected to increase further, but we need to be wary that the market may enter a period of sideways consolidation.