Myb News · Nov 13, 2026
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*Bitcoin is below $70,000. Borrowed money can make the drop hurt more.* At 11:38 AM Eastern, Bitcoin was about *$68,657, down 4.1% over 24 hours*. Ether was around $1,929 (-3.6%), Solana $79.57 (-2.1%) and XRP $1.01 (-0.7%). These are rolling 24-hour changes, not stock-market-session moves. One company shows the borrowing risk. Publicly traded Bitcoin business *Nakamoto* announced yesterday that Kraken agreed to push a 60 million USDT loan payment from this December to December 2027. USDT is a dollar-linked cryptocurrency. *More time doesn't mean less debt.* Nakamoto still owes 165 million USDT: 105 million due in June 2027 and 60 million that December. When Bitcoin backs a loan, a falling price can shrink the lender's safety cushion. Depending on the terms, the borrower may have to add collateral or repay some debt. Nakamoto flags that risk itself. The extension isn't proof of bankruptcy or an explanation for the whole crypto market's decline. It shows why borrowing against a volatile asset adds another layer of risk. Join MYB Business News Status: https://wa.me/18484694164?text=JOIN MYB News Online: https://mybnews.com
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