NEW YORK, December 29, 2025, 14:51 ET — Regular session
- bitcoin down about 0.3% near $87,330 in afternoon trade
- Strategy disclosed a fresh bitcoin purchase in a Monday SEC filing
- CoinShares reported weekly outflows from digital-asset investment products
bitcoin eased on Monday, hovering near $87,330, down about 0.3% in afternoon trade. The token earlier touched $90,247 before sliding to a session low of $86,780.
The quiet move still matters heading into year-end, when thinner liquidity can amplify swings in volatile assets. U.S. stocks also traded lower, while the dollar hovered near a three-month low as investors bet on more Federal Reserve rate cuts next year, Reuters reported. 1
Traders have been watching whether institutional demand stabilizes after weeks of withdrawals from crypto investment vehicles. That flow picture has become a key barometer for bitcoin after its sharp pullback from October’s peak.
Strategy, the largest corporate holder of bitcoin, said in a filing on Monday it bought 1,229 bitcoin between Dec. 22 and Dec. 28 for about $108.8 million, or roughly $88,568 per coin including fees. 2
The company said it funded the purchases using proceeds from an at-the-market offering, a program that lets firms sell shares into the open market over time. It reported selling 663,450 shares for net proceeds of $108.8 million during the same period. 2
Signs of demand in the exchange-traded fund market remained mixed. U.S.-listed spot bitcoin ETFs — funds that hold bitcoin and trade like stocks — posted $275.9 million of net outflows on Dec. 26, according to data compiled by Farside Investors. 3
Broader crypto investment products also saw money leave. Digital-asset products recorded $446 million of weekly outflows, CoinShares said, bringing total outflows since an Oct. 10 sell-off to $3.2 billion; investor sentiment “has yet to fully recover,” CoinShares researcher James Butterfill wrote. 4
Crypto-linked stocks weakened alongside the token. Strategy shares fell about 1.6% and Coinbase was down about 1.5%, while miners Marathon Digital and Riot Platforms dropped around 2% each.
The broader risk tone was also soft. The S&P 500-tracking SPDR fund (SPY) was down about 0.4% and the Nasdaq 100-tracking Invesco QQQ was off roughly 0.5%.
Ether, the second-largest cryptocurrency, was little changed at about $2,934.
In the near term, traders are watching whether bitcoin can reclaim $90,000 and whether it holds above Monday’s low near $86,780. The next major macro waypoint is the Fed’s Jan. 27-28 policy meeting, a focus for markets sensitive to interest-rate expectations. 5
bitcoin remains about 31% below its record high of $126,223 set in October, underscoring the pressure on risk assets after a volatile year for digital tokens. 6
