[QCP Capital Points Out Structural Risks Facing Cryptocurrencies Due to MSCI Index Eligibility Adjustments]
QCP Capital's analysis highlights that the Federal Reserve has sent cautious signals and implemented a 'hawkish rate cut,' with the dot plot indicating a median rate of 3.25% - 3.5% at the next meeting. The stock market and artificial intelligence remain key drivers of macro trends, and if revenues fail to match investments, it could trigger a valuation reset. In addition to macroeconomic influences, cryptocurrencies face new structural risks as MSCI is reassessing the eligibility criteria for digital asset financial companies in its indices. Companies with over 50% exposure to cryptocurrencies may be excluded. Although Japan has improved its regulatory environment and enhanced institutional legitimacy through revised legislation, the balance between market resilience and vulnerability remains delicate.