Bitcoin
Why Bitcoin is down 2.0% today
Analysis
Bitcoin fell about 2% over the past 24 hours as sentiment weakened amid reported net outflows from US spot Bitcoin ETFs, with Cointelegraph noting roughly $105M in withdrawals. Additional caution may have come from debate around long-term network security after CryptoPotato reported a proposal to freeze older Bitcoin addresses as a way to mitigate potential quantum-computing risks, which could have added to near-term risk-off positioning.
Contributing Factors (3)
CryptoQuant Founder Proposes Freezing Old Bitcoin Addresses to Prevent Quantum Attacks
Bitcoin may need drastic fix against quantum threats as CryptoQuant founder urges freezing inactive wallets holding billions in BTC.
Bitcoin ETFs log $105M outflows as mystery IBIT buyer surfaces
US spot Bitcoin ETFs continue to see slowing outflows as investors and analysts examine Q4 2025 filings showing which institutions bought and sold crypto ETFs.
Morning Crypto Report: XRP Defends 200-Week Support, Altcoin Sell-Off Hits Five-Year Highs, Arthur Hayes Shares Two Scenarios for Bitcoin Amid 'AI Financial Crisis'
Digital assets market enters midweek with mixed performance as XRP bounces off the 200-week moving average, but CryptoQuant reports five-year-high sell pressure for altcoins. As for Bitcoin, Arthur Ha...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.