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Tether’s USDT Market Cap Shrinks $6.6 Billion Over 60 Days

Bitcoin demand fell 284,000 BTC over the past month, while the Coinbase Premium Index was negative for 30 consecutive days.

By Enna Lee
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A silver token sits partway inside a tapered steel ring / TokenPost.ai
A silver token sits partway inside a tapered steel ring / TokenPost.ai

Tether (USDT)’s market capitalization fell $6.6 billion over 60 days, a decline larger than the drop during the redemption wave after FTX collapsed in December 2022.

USDT is a widely used stablecoin designed to maintain a one-to-one peg with the U.S. dollar. Its liquidity levels influence market dynamics and traders’ ability to enter or exit positions.

Bitcoin (BTC) demand contracted by 284,000 BTC over the past month, its steepest decline since March 2025. The Coinbase Premium Index was negative for 30 consecutive days, pointing to weak spot demand.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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