[Analyst: Bitcoin, US Dollar, and Stocks are the Most Vulnerable Asset Classes] According to a report by Golden Financial, a JPMorgan analyst stated that from the perspective of investor positions, Bitcoin, the US dollar, and stocks are the most vulnerable asset classes. The positions in Bitcoin, the US dollar, and stocks appear to be increasing as investors bet that these assets will rise. In other areas, bond and credit positions are close to neutral, while commodity positions excluding gold are decreasing. "Therefore, from a positioning perspective, entering 2025, the most vulnerable asset classes are stocks, the US dollar, and Bitcoin, while the opposite is true for non-gold commodities."