Group 1 - Tether, the issuer of USDT, purchased 8,889 BTC valued at $778.7 million as Bitcoin's price fell below $88,000, increasing its total BTC holdings to 96,370 BTC worth $8.46 billion [1] - Bitcoin is currently experiencing bearish consolidation, trading just under $87,500, with a 1.1% decline in the past 24 hours [2] - The US-based spot BTC exchange-traded funds recorded a net outflow of $348.1 million on December 31, indicating weak institutional demand [2] Group 2 - December 2025 saw a monthly net outflow of $1.09 billion from investment products, reflecting ongoing macroeconomic uncertainty [3] - Bitcoin recorded its weakest Q4 performance since 2018, with a decline of 23%, attributed to multiple negative catalysts including macro conditions and institutional outflows [4] - A CryptoQuant analyst outlined three potential scenarios for Bitcoin's price movement, ranging from a volatile range of $80,000 to $140,000 under weak economic recovery, to a potential drop towards $50,000 amid recession risks [5][6]
Tether Buys 8,889 BTC as Bitcoin Falls Below $88K: 3 Scenarios in Play
Yahoo Finance·2026-01-01 08:45