The Wall Street bank initiated coverage of Strategy with a buy/high risk rating and a $485 price target.
Strategy Gets Buy Rating From Citi on Bullish Bitcoin Outlook
The Wall Street bank initiated coverage of Strategy with a buy/high risk rating and a $485 price target.
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The SOL/ETH ratio signals an end of a prolonged uptrend and ether outperformance ahead.
U.S.-listed mining companies accounted for 26% of the Bitcoin network last month, unchanged from July, the report said.
Short-term realized-loss dominance is typical of market stress, but the magnitude this week stands out.
Punitive tariffs against Mexico, Canada and China could go into effect on Tuesday.