Another reason just dropped to keep pressure on Bitcoin, and this one comes from the suits at MSCI - could easily turn into a full-on crypto dump.
For those who forgot: MSCI (Morgan Stanley Capital International) is one of the big dogs that builds global equity indices.
According to the new criteria, MSCI is now considering kicking companies out of the MSCI World index if a large portion of their assets is held in crypto. And yeah… we all remember how many of those companies went full BTC and how much corn they stacked.
So far Strategy managed to slip through and stay in the index, but that looks more like a one-off exception than a rule.
Details here:
https://msci.bitcoinforcorporations.com/appendix If this actually goes through, we could see forced selling north of $15B, which is clearly not what an already weak market needs. Not exactly the kind of catalyst you want during a downtrend.
