🤔 Bitcoin Is Going Through An 'IPO-Style Distribution'

Plus, is Trump right to say China is 'big' into crypto?

Author

Ivan
November 04, 2025

Happy Tuesday!

Bitcoin just keeps going down even though the fundamentals look bullish: is this similar to an IPO-style distribution?

Donald Trump says China is getting “very big” into crypto at the moment — but is that even true?

Plus, if you’re racing to adapt now that volatility is back after the Fed’s latest rate cut, check out this webinar.

TOP STORY

Veteran Wall Street investor Jordi Visser said on Anthony Pompliano’s podcast that the current Bitcoin price action resembles an “IPO-style distribution.”

Visser, a macro investor with over 30 years of professional market experience and founder of Visser Labs, told Pompliano that “every possible thing you’d want for Bitcoin is happening.”

He cited government support, growing institutional infrastructure and continued retail inflows as key signals of structural maturity.

But why is the price going down then?

SPECIAL OFFER

Volatility is back after the Fed’s latest rate cut, and traders are racing to adapt.

On Wednesday, November 5 at 6 p.m. ET, Benzinga’s Chief Market Strategist Matt Maley will break down how he’s trading this new phase of the market, from short-term setups in SQQQ and SLV to the sectors he believes could rotate next.

If you want to see how professional traders navigate rate cuts and volatility in real time, this session is for you.

QUICK N DIRTY

Bitcoin, Ethereum, Dogecoin, XRP keep losing ground as heavily bearish sentiment has taken over: here’s what’s driving the market today.

Zohran Mamdani to win the NYC Mayor race? A bet on that is a ‘bond,’ according to this whale who’s $1 million deep on the Democratic Socialist.

Bitcoin whales continue to sell, and it’s not doing the market any favors — here’s why they’re so bearish.

SPECIAL OFFER

It’s only a week away! Fintech Day & Awards returns to NYC on Monday, November 10, 2025, uniting the industry’s boldest innovators, top-tier VCs, and power players from leading financial institutions.

Looking for your next investor, partner or breakout idea? This is where it happens.

From 24/5 trading and digital asset breakthroughs to the future of finance, we’re covering what’s next. Plus, a high-stakes awards ceremony celebrating the best in the game.

Limited seating is available! Secure your ticket now with your 20% off insider discount. Use code “ZINGER20”

FINTECH FOCUS

Donald Trump Says China 'Is Getting Big Into Crypto Right Now' — But Is That True?

President Donald Trump said he wants to ensure the United States remains the world leader in crypto, warning that China is trying to seize control of the industry.

In an interview on CBS on Sunday, Trump said crypto has become a "massive industry" and a key part of his economic agenda.

He said his campaign supported digital assets "very openly" while former President Joe Biden had initially opposed them.

Trump said he wants crypto and artificial intelligence to remain under American leadership.

"You're going to have number one, and you're not going to have a number two," he said.

"I want to make crypto great for America. I don't want China to be number one. China is getting into it very big," he added.

BEFORE YOU GO

Were you forwarded this email? Click here to subscribe.

And be sure to check out our other newsletters:

Ring The Bell: Created for market enthusiasts by market enthusiasts, this daily newsletter delivers top stories, fast movers and hot trade ideas straight to your inbox. Subscribe here.

Advisor: Tailor-made for Financial Advisors, this weekly newsletter has industry-specific insights, analysis and news. Subscribe here.

Tech Trends: Get the inside scoop on AI, the hottest gadgets and mind-blowing tech trends. Subscribe here.