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Myb News · Nov 11, 2026

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Crypto's busiest coin wasn't Bitcoin. It was a digital dollar. At 11:54 PM Eastern on November 11, tracked trading volume over the previous 24 hours was roughly: • Tether (USDT): $41.0 billion • Bitcoin: $25.7 billion • USDC: $11.1 billion • Ethereum: $9.1 billion Why do stablecoins lead? USDT and USDC aim to stay near $1. Traders use them to move between crypto positions without returning to a bank each time. Heavy trading doesn't mean their prices are soaring. Bitcoin led the non-stablecoins, trading near $73,714, almost flat over that 24-hour period. Markets were weighing hotter U.S. inflation and several days of withdrawals from Bitcoin funds. The important distinction: $25.7 billion traded isn't $25.7 billion of new money entering Bitcoin. The same coins can change hands repeatedly, even while prices fall. Volume tells you how much changed hands. It doesn't tell you which way the price goes next.

*Crypto's busiest coin wasn't Bitcoin. It was a digital dollar.* At *11:54 PM Eastern on November 11*, tracked trading volume over the previous 24 hours was roughly: • *Tether (USDT): $41.0 billion* • *Bitcoin: $25.7 billion* • *USDC: $11.1 billion* • *Ethereum: $9.1 billion* Why do stablecoins lead? USDT and USDC aim to stay near $1. Traders use them to move between crypto positions without returning to a bank each time. Heavy trading doesn't mean their prices are soaring. *Bitcoin led the non-stablecoins*, trading near *$73,714*, almost flat over that 24-hour period. Markets were weighing hotter U.S. inflation and several days of withdrawals from Bitcoin funds. The important distinction: *$25.7 billion traded isn't $25.7 billion of new money entering Bitcoin.* The same coins can change hands repeatedly, even while prices fall. *Volume tells you how much changed hands. It doesn't tell you which way the price goes next.*

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