Bitcoin Under Pressure as MSCI Reviews Digital Asset Index Eligibility, Up to $28B Passive Outflows

COINOTAG News, December 18, reports QCP Capital noting a delicate year-end balance between confidence and caution. The Fed remains dovish on near-term policy but maintains inflation vigilance, with the labor market holding resilience. The dot plot points to a flatter rate path, and current pricing implies two to three rate cuts next year. In this setup, macro momentum remains the key driver for risk assets and risk-off flows.

Equity markets continue to be the dominant macro swing factor as funds chase gains in the AI infrastructure space, where monetization trails development. If income growth cannot outpace investment, downside spillovers could emerge from the AI sector and escalate toward a broader repricing of equities in 2026.

Within crypto, the landscape faces pressure as MSCI reviews inclusion of digital asset management firms in its indexes, potentially triggering up to $28 billion of passive outflows, testing liquidity and risk management across the sector.