2-9-2025 – Bitcoin has breached the 110,000 USDT threshold, reaching 110,140 USDT on major exchanges, according to Binance Market Data. This marks a 2.34% rise over the past 24 hours, signaling a potential stabilization following August’s 6.5% monthly decline that saw the asset dip below 109,000 USDT.
The cryptocurrency’s recovery comes against a backdrop of seasonal challenges, as September has historically averaged a 3.77% loss for Bitcoin since 2013, often due to reduced liquidity and risk aversion among investors. Recent U.S. spot Bitcoin ETF outflows totaling 751 million USDT reflect institutional caution, yet on-chain metrics show whale accumulation, with record 19,130 large-holder addresses indicating confidence in lower prices. Broader market sentiment remains neutral, with the Fear & Greed Index at 48.
