The negative reaction arose after the news that Strategy and other companies holding large amounts of cryptocurrency on the balance sheet may be excluded from the main market indices.
If this happens, index funds will be forced to sell their shares, which may increase the pressure on the market.
Grant Cardone: «I withdrew $20m dollars from JPMorgan Chase and sued them.»
Max Kaiser:
«Crash JPMorgan, buy Strategy and BTC shares.»
Fred Krueger:
«The enemy has a name, and it’s a banking system.
Look at the JPM chart after the global financial crisis. It has only been going up for the last 15 years.
JPMorgan increased its influence as the head of the banking criminal syndicate under Obama, under Trump 1.0 and under Biden.
The Fed works on JPM.
They
hate
Bitcoin, DeFi and stablecoins. They were the ones who quietly designed Chokepoint 1.0 and 2.0. Now they see the vulnerability of Bitcoin and are tightening the screws for Strategy.»
❗️Meanwhile, JPMorgan closed the accounts of Jack Mullers, CEO Strike and 21 Capital, citing «alarming activity» and refusing to explain the details.
This again raises the threat of debanking crypto entrepreneurs, although Donald Trump’s decree formally prohibits such practices.
@Сryptoz ₿