The crypto world has been completely blown apart lately! Bitcoin plummeted over 9% in 24 hours, briefly dipping below $82,000. Over 390,000 traders suffered margin calls, with $1.9 billion evaporating in an instant. The core trigger? It all revolves around one company—#MicroStrategy!
As the world's largest corporate Bitcoin holder, MicroStrategy controls over 640,000 BTC, making its moves a nerve-wracking barometer for the entire market. Recently, MSCI proposed excluding companies “primarily holding highly volatile digital assets” from its indices, with MicroStrategy bearing the brunt of the impact.
If officially excluded, passive funds tracking MSCI would be forced to sell $2.8 billion worth of MicroStrategy stock. Market panic over “the company potentially selling Bitcoin to replenish liquidity” triggered a chain reaction of sell-offs. Coupled with tightening macro liquidity, Bitcoin wiped out all its gains for the year, marking its first annual decline since 2022.
However, it must be clarified: MicroStrategy's founder has denied selling Bitcoin, and the company's debt is not yet due, meaning there is currently no immediate pressure to liquidate holdings. But MSCI's consultation period runs until December 31, with the final decision coming on January 15. Market volatility is expected to persist during this period.
Investors should note: High-leverage cryptocurrency trading carries extreme risk. Such events can trigger margin calls during sharp declines. Don't fight volatility you don't understand—position sizing is key!
Official Website Registration Link:https://www.websea.com/zh-CN/signup?key=99204478
TG:@websea_Loiy

(Bitcoin ATM in the United States)