MSCI’s Silent Reclassification: Why the Bitcoin Treasury Thesis Faces Its First Institutional Stress Test
The crowd sees a moon; I see a model. On August 12, 2025, MSCI released a...
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Greed
Market Sentiment
Block reward reduced to 3.125 BTC
Improves data availability sampling efficiency
Team and early investor shares released
92 million ARB released
Circulating supply increases by about 2%
Independent validator client goes live on mainnet
Block reward halving event
Raises validator limit and account abstraction
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$77,572.9 |
| 1 |
Ethereum
ETH
|
$2,422 |
| 1 |
Solana
SOL
|
$100.04 |
| 1 |
BNB Chain
BNB
|
$688.5 |
| 1 |
XRP Ledger
XRP
|
$1.35 |
| 1 |
Dogecoin
DOGE
|
$0.0818 |
| 1 |
Cardano
ADA
|
$0.1975 |
| 1 |
Avalanche
AVAX
|
$7.23 |
| 1 |
Polkadot
DOT
|
$0.8634 |
| 1 |
Chainlink
LINK
|
$11.25 |