Bitcoin Dips Below $83K, Market Stress & MSCI Reclassification Concerns
Update: 2025-12-02
Description
Bitcoin plummeted below $83,000 on Monday due to low trading activity, economic concerns from Japan, and growing worries about MSCI potentially reclassifying companies holding significant cryptocurrency assets. Other digital currencies also experienced minor losses. The markets vulnerability to stress and low liquidity over the weekend contributed to the rapid drop. Traders are now bracing for potential capital shifts if MSCIs proposal leads to forced sell-offs of affected companies shares.
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