Melker Ties Bitcoin’s Decline to Risk Aversion as Strategy Faces Possible MSCI Exclusion

Podcast host Scott Melker said Bitcoin’s Friday decline reflected rising risk aversion more than Strategy’s possible exclusion from MSCI indexes, arguing that market-wide pressure better explained the drop. Bitcoin traded at $68,163 at 7:35 p.m. ET Friday (00:35 UTC Saturday), down 4.17% over 24 hours. Melker said investors were shifting away from volatile assets toward steadier holdings, leaving Bitcoin more exposed when markets come under strain. The view fits a broader pattern explored in coverage of Bitcoin’s ties to macro forces .