As per coinmarketcap, the price is still above $12,000 so I don't know if bitcoin touches below $11,000 as CNBC reported. But you have to look at the whole picture here and not just highlight bitcoin. The whole crypto is plummeting. What's the reason behind? I really don't know except that I presume that investors are just taking the profits after reaching all-time-high. So let's just say that's the only
logical explanation from all of this bleeding. Unless there's really good interpretation that we are going to see in the next couple of days.
Briefly plunged below $11,000 on coinbase, what about other exchanges? average price is at $14000 now and will rise again.
I usually checked coinmarketcap because it takes the average of at least 400 exchanges:
https://coinmarketcap.com/currencies/bitcoin/#markets