Snapshot — Aug 11, 2026, 4:19 AM UTC
Why was Bitcoin down on Aug 11, 2026, 4:19 AM UTC?
$64,066
▼ -1.49% (24h) · +0.04% (1h)
Bitcoin's modest downward drift (-1.49% over 24h) likely reflects mixed sentiment from recent news: while regulatory progress (SEC meeting on Reg Crypto) could be supportive, the Trump Media losses and broader narrative about crypto not being enough for institutional portfolios suggest underlying caution about valuation. The minimal intraday movement (±0.04%) indicates no immediate catalyst driving sharp price action right now.
Sources checked
- U.S. SEC sets meeting to propose Reg Crypto to support certain digital assets offerings
- Bitcoin's 'strongest hands' are back, on-chain data show
- 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
- Trump Media to revamp crypto treasury strategy after $238M Q2 loss