Snapshot — Aug 11, 2026, 12:13 AM UTC
Why was Bitcoin down on Aug 11, 2026, 12:13 AM UTC?
$63,861
▼ -1.81% (24h) · -0.12% (1h)
Bitcoin's modest decline (-1.81% in 24h) appears largely disconnected from the recent news flow. While Strategy's bitcoin sales and Trump Media's reported losses are bearish signals, they don't seem substantial enough to drive this specific move—more likely this is routine short-term technical volatility or profit-taking on intraday levels.
Sources checked
- Trump Media’s bitcoin holdings shrink as crypto losses hit $361 million
- Strategy builds $4.75 billion cash cushion as only bitcoin isn’t enough for investors
- Grayscale quietly drops Cardano, Polkadot and Hedera ETF plans
- Solana gets its first Strategy STRC product through Solstice Finance
- Strategy sells 1,690 bitcoin, raises $653 million from MSTR shares
- UK money laundering suspect bought $100M in Trump crypto business: NYT