FeesSafety
Pluang+

Bitcoin price drops nearly $8,000 amid stablecoin liquidity squeeze and leveraged trading losses.

Market News
11 Nov 2026, 14:36 WIB
Crypto news
View Source
Bearish
Bitcoin price drops nearly $8,000 amid stablecoin liquidity squeeze and leveraged trading losses.

Bitcoin's price fell nearly $8,000 in a week, dropping from above $81,000 to below $73,000 due to shrinking stablecoin liquidity, significant leveraged trading losses, and investor concerns about major stock market IPOs. The USDT stablecoin supply contracted by $6.6 billion over 60 days, reducing available capital in crypto markets. Leveraged long positions worth $579 million face liquidation risk, intensifying selling pressure. Additionally, large IPOs like Anthropic's may be diverting investment capital away from Bitcoin. The broader crypto market showed mixed performance, with Bitcoin dominance rising amid cautious investor sentiment.

Bitcoin's recent price drop is the subject, with Pluang's market snapshot as of Nov 11, 2026 19:22 WIB showing a broad decline among major cryptocurrencies. Out of 50 priced assets, 8 rose and 41 fell today. Notable movers include AXS at Rp14.297 with a 1-day change of -2.64%, BCH at Rp4.152.708 with -2.59%, and ATOM at Rp25.722 with +2.45%.

More News

NRx Pharmaceuticals launches U.S.-made preservative-free ketamine to address long-standing shortage.

NRx Pharmaceuticals launches U.S.-made preservative-free ketamine to address long-standing shortage.

NRx Pharmaceuticals has begun selling a new preservative-free ketamine made in the U.S., addressing a shortage that has persisted since 2018. This ketamine uses innovative blow-fill-seal technology, eliminating the preservative benzethonium chloride,...

Market News
Bullish
54 minutes ago
FLSmidth sets financial report and AGM dates for 2027, highlighting sustainability goals.

FLSmidth sets financial report and AGM dates for 2027, highlighting sustainability goals.

FLSmidth & Co. A/S announced its financial calendar for 2027, including key dates for the annual report, interim financial reports, and the annual general meeting. The company emphasizes its commitment to sustainability with its MissionZero goal to a...

Company Fundamentals
Neutral
1 hour ago
Dimensional Fund Advisors discloses 1.27% stake in Prologis Inc as of November 2026

Dimensional Fund Advisors discloses 1.27% stake in Prologis Inc as of November 2026

Dimensional Fund Advisors Ltd. has filed a Form 8.3 disclosure revealing it holds a 1.27% stake in Prologis Inc, totaling 12,054,886 shares as of November 10, 2026. This disclosure is part of regulatory requirements under the Takeover Code, indicatin...

Market News
Neutral
3 hours ago
Dimensional Fund Advisors discloses 1.61% stake in DCC Energy shares as of Nov 10, 2026

Dimensional Fund Advisors discloses 1.61% stake in DCC Energy shares as of Nov 10, 2026

Dimensional Fund Advisors Ltd. has filed a disclosure showing it holds a 1.61% stake in DCC Energy plc's ordinary shares as of November 10, 2026. The firm sold 42,998 shares recently at a price of £64.5585 each. This disclosure is part of regulatory ...

Market News
Neutral
3 hours ago
Novo Nordisk pledges $200M over 10 years to boost diabetes care in low-income countries

Novo Nordisk pledges $200M over 10 years to boost diabetes care in low-income countries

Novo Nordisk has committed $200 million to the World Diabetes Foundation for 2027–2036 to enhance diabetes prevention and care in low- and middle-income countries. This funding aims to improve equitable access to diabetes services in underserved comm...

Company Fundamentals
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App