S&P Dow Jones: Bitcoin Excluded From New Crypto Index
S&P Dow Jones excludes Bitcoin from new crypto index as Bloomberg analyst cites development platform differences versus Ethereum and others at $63580 BTC price.
SourceAnalysis
S&P Dow Jones new crypto index bars Bitcoin because BTC lacks the commercial development platform utility found in Ethereum, Tron, Binance Coin and Cardano, Bloomberg Intelligence analyst Dushyant Shahrawat told AltcoinDaily on July 29 2026. BTC price prediction models now face added pressure after the exclusion decision while Bitcoin vs Ethereum as investment assets development platforms debate intensifies. At $63580 the asset trades inside Bollinger Bands with upper resistance at $65617 and lower support at $62878, EMA50 at $64427 acting as concrete resistance and EMA200 at $63899 capping upside, while MACD death cross at -239 and RSI at 41 confirm bearish momentum that favors a test of the 50-EMA before any recovery attempt.
Altcoin Daily
@AltcoinDailyFocuses on cryptocurrency education and altcoin investment strategies for digital asset enthusiasts. Covers Bitcoin, Ethereum, and emerging blockchain projects through market analysis and project reviews. Features interviews with industry founders, technical breakdowns, and regulatory updates affecting crypto markets. Provides daily content on portfolio management and long-term wealth building in digital assets.
Premium Sponsors
.jpg)