Bitcoin briefly fell below $88,000 late on December 14, touching a two-week low near $87,600 before rebounding, according to market data. The move extended a pattern of thin-liquidity weekend declines and coincided with broader caution across risk assets.
At the same time, Strategy chair Michael Saylor hinted at another Bitcoin purchase, posting a chart of the company’s holdings with the message “Back to More Orange Dots.” Strategy last disclosed a purchase of 10,624 BTC on December 12 and now holds more than 660,000 BTC, making it the largest corporate holder globally.
Market participants pointed to macro factors behind the selloff, including expectations of a Bank of Japan rate hike later this week. Analysts said concerns over a potential unwind in yen-funded carry trades could pressure risk assets, even as others argued the policy move is largely priced in.
