According to Coinotag, Bitcoin’s price has fallen below $90,000 to $86,901.48, driven by rising interest yields, weekend liquidations, and potential MSCI index changes that may force crypto-heavy firms to sell holdings. MSCI’s proposed rules could exclude companies like MicroStrategy and Marathon, which control over $137 billion in Bitcoin assets, or 5% of the total supply. Shallow order books and fragile liquidity conditions intensified the market’s sensitivity to shocks, as noted by VALR CEO Farzam Ehsani. Passive index funds tracking MSCI benchmarks may be required to divest shares of these firms, potentially leading to balance sheet adjustments and Bitcoin sales. Analysts warn that the exclusion could trigger volatility in related equities and further pressure BTC prices.
Bitcoin Drops Below $90K Amid MSCI Index Changes and Liquidity Pressures
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