Bitcoin Crash Alert?
A fresh warning has shaken the crypto market, and traders remain cautious.
Michael Saylor warns of chaos and harmful consequences if his Bitcoin focused company faces removal from major stock indices. He says such a move could force billions of dollars in selling and hurt the wider market.
Bitcoin already fell from around $126,000 to near $90,000. At the same time, treasury focused companies slowed their Bitcoin purchases. Recent rate cuts failed to support prices, and the Fear and Greed Index now shows extreme fear.
Analysts say stricter rules from MSCI against crypto heavy firms could lead to as much as $8.8 billion leaving the market in a short time. Even the company’s place in the Nasdaq 100 now faces close review.
Standard Chartered also cut its 2025 Bitcoin price target from $200,000 to $100,000.
ETFs now stand as the key support for Bitcoin. Strong inflows could push prices back above $100,000. Weak demand could bring sharp price swings.
The market now waits for the next move.
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