Why The Market Crashed On October 10, And Why It’s Struggling to Bounce
Market Intelligence Analysis
AI-PoweredThe market crash on October 10th was partly due to MSCI's proposed reclassification of Digital Asset Treasury (DAT) companies, which may lead to their exclusion from certain indexes, causing a structural overhang in the market.
Market impact analysis based on bearish sentiment with 68% confidence.
Article Context
MSCI’s proposed reclassification and potential index exclusion of Digital Asset Treasury (DAT) companies now looms over the market as a major structural overhang, says Dr. Avtar Sehra, founder and CEO of STBL. This helps explain the lack of a sustained recovery in crypto prices since the October 10th crash.
Analysis and insights provided by AnalystMarkets AI.