JPMorgan’s Research Note Sparks Concerns in Bitcoin Market

Concerns are brewing in the cryptocurrency market following a research note issued by JPMorgan that highlights potential changes to how Bitcoin is included in indices managed by MSCI. The note suggests removing companies with over 50% crypto holdings from these indices, which could lead to forced sales of Bitcoin by major corporations, impacting firms like MicroStrategy. This has triggered widespread market apprehension and amplified fears about Bitcoin’s stability.