The Bad Crypto Podcast Beyond the Headlines: Bitcoin on S&P 500?
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Sep 24, 2025 Michael Saylor's Bitcoin strategies could soon impact the S&P 500. Dogecoin's new ETF launch is already performing impressively. Argentina's economic crisis is leading to increased crypto adoption, while U.S. lawmakers push for crypto in retirement plans. The U.S. Treasury is looking at stablecoin regulations. Meanwhile, there's a discussion on Google's admission of censoring political content and a new AI regulatory sandbox proposed by Senator Cruz. Humor and commentary sprinkle throughout this insightful exploration of current trends.
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Market Cap And Short-Term Pullback
- CoinGecko showed total crypto market cap near $3.993 trillion during the episode.
- Hosts noted recent pullbacks across major tokens but remain bullish on longer-term trends.
Bull Indicators Still Positive
- Multiple bull-market indicators do not yet signal a market top, despite September pullback.
- Joel expects a fourth-quarter blow-off top driven by macro signs like gold surging.
MicroStrategy Could Join S&P 500
- Michael Saylor's MicroStrategy may qualify for S&P 500 listing because it meets market cap and listing rules.
- Joel expects resistance from the index committee but suggests inclusion could be imminent and market-moving.