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.
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.
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.
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.
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. CoinShares Research Blog
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.
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.
