The market cap of Tether USDT has decreased by 2.8% since its peak at 141 billion USD on December 19, 2024. Matrixport attributes this drop to seasonal holiday trading slowdowns and suggests the decline is temporary. The firm argues it may be premature to adopt a bearish outlook on the market.

Matrixport foresees a recovery in trading volumes, indicating a bullish momentum might resume soon. Concerns about USDT delistings under the EU’s MiCA regulation are considered unfounded and driven by fear, uncertainty, and doubt. The market environment is expected to stabilize post-holiday season amid these concerns.