Snapshot — Aug 11, 2026, 2:16 AM UTC
Why was Bitcoin down on Aug 11, 2026, 2:16 AM UTC?
$64,022
▼ -1.60% (24h) · +0.12% (1h)
Bitcoin is down 1.6% over 24h with minimal intraday movement (0.03-0.12%), suggesting consolidation rather than a directional response to current news. The recent headlines—mostly concerning institutional bitcoin sales (MSTR, Trump Media losses) and regulatory/product developments—don't clearly explain this modest decline, which appears more consistent with normal technical volatility or profit-taking after recent moves.
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
- Thailand’s 0% crypto tax. Bitcoin Red Team forced to use Chinese AI: Asia Express