Analyst: Bitcoin, dollar, and stocks are the three types of assets most vulnerable to shocks.

[Analysts: BTC, the U.S. dollar and equities are the three most vulnerable asset classes] JPMorgan analysts said in a report that BTC, the U.S. dollar and equities are the most vulnerable asset classes from the perspective of investor position. Positions in BTC, the U.S. dollar, and equities look to increase as investors bet that these assets will pump. In other areas, bond and credit positions are close to neutral, while commodities that excl. gold are decreasing. "So, from a Positional perspective, the most vulnerable asset classes going into 2025 are equities, the US dollar and BTC, while the opposite is non-gold commodities."