Bitcoin
Bitcoin Demand Plunges 284,000 BTC as $6.6B Exits USDT Market Cap
TL;DR: Apparent Bitcoin demand decreased by 284,000 BTC over the past 30 days, registering its largest contraction since March 2025. Tether’s (USDT) market capitalization dropped by $6.6 billion over a 60-day span. The Coinbase Premium Index completed 30 consecutive days in negative territory as of November 10, 2026. Bitcoin demand registered a contraction of 284,000 BTC over the past 30 days following a sustained capital outflow in stablecoins. As reported by analytics firm CryptoQuant on November 10, 2026, the reduction in available liquidity coincides with a weakening of spot purchases on major exchanges . Tether supply is shrinking faster than...
Crypto Economy6 min read
