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Strategy and Bitcoin supporters call for ‘boycott’ of JP Morgan

The tension erupted following news that Strategy and other crypto treasury companies would likely be excluded from major market indexes.

🔗 Source

💡 DMK Insight

The exclusion of crypto treasury companies from major market indexes is a big deal for traders right now. This move could lead to reduced liquidity and increased volatility in the crypto market, especially for assets tied to these companies. If major indexes aren’t including these firms, it raises questions about their long-term viability and could trigger a sell-off among investors who rely on index performance as a benchmark. Keep an eye on how this affects related assets, particularly those that are heavily weighted in crypto indexes. This could also impact institutional interest, as many funds track these indexes for exposure. On the flip side, this exclusion might create hidden opportunities for nimble traders who can identify undervalued assets outside of these indexes. Watch for potential price levels around key support and resistance zones as traders react to this news. The next few weeks will be crucial for gauging market sentiment and potential rebounds or further declines.

📮 Takeaway

Monitor the impact of this exclusion on liquidity and volatility, especially around key support levels in the coming weeks.

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