BTC falls below 81000 USDT, 24H decline 0.89%
Odaily reports, according to OKX market data, BTC has fallen below 81000 USDT, currently trading at 80992.9 USDT, with a 24H decline of 0.89%.
Odaily reports that CryptoQuant founder Ki Young Ju posted on X that despite market attention on MSCI-related rule adjustments, Wall Street analysts remain broadly bullish on Strategy (MSTR).
Ki Young Ju noted that Citi, Barclays, and B. Riley have assigned MSTR price targets of $240, $175, and $195, respectively, with targets overall trending upward. He believes the MSCI-related impact is mainly reflected at the capital flow level and has already been priced in by the market.
He further stated that what is more noteworthy now is that Strategy's market-to-net-asset-value ratio (mNAV) relative to Bitcoin is approximately 1x, the STRC price remains near par value, and the company holds $3.75 billion in reserve funds to cover dividend payments.