Bitcoin Falls Below $70,000. Strategy Faces New Pressure After MSCI Exclusion

Fuente: International Business Times

The world's largest cryptocurrency dropped about 3% to $69,342 in Friday morning trading, putting it on course for a sixth consecutive weekly loss. AFP Bitcoin fell below $70,000 Friday for the first time since August, extending a selloff that has wiped out more than a fifth of its value since late September. The latest decline comes as Michael Saylor's Strategy faces a new challenge after index provider MSCI decided to remove the company from its benchmarks, raising concerns about potential investment outflows.