Bitcoin
Why Bitcoin is down 1.1% in the last hour
Analysis
Bitcoin (BTC) slipped 1.1% over the past hour as analysts pointed to continued ETF outflows and tight liquidity keeping price below a key onchain level, weighing on near-term demand. The move also came alongside fresh macro/political headlines after Senator Elizabeth Warren urged the Treasury and Fed not to “bail out” crypto figures amid the slide, which may have added to negative sentiment as prices weakened.
Contributing Factors (3)
Senator Warren Urges Treasury and Fed Not to Bail Out Crypto Billionaires Saylor and CZ Amid Bitcoin Slide
Bitcoin Magazine Senator Warren Urges Treasury and Fed Not to Bail Out Crypto Billionaires Saylor and CZ Amid Bitcoin Slide Sen. Elizabeth Warren urged the Treasury Department and the Federal Reserve...
Warren Presses Treasury, Fed to Rule Out Bitcoin Bailout As Prices Tumble: Report
The longtime crypto critic warned against using taxpayer dollars to rescue investors and firms amid the current market slide.
Bitcoin remains below key onchain level as ETF outflows persist, liquidity stays tight: analysts
Analysts warned that weak ETF flows, constrained liquidity, and fragile accumulation are keeping bitcoin's price rangebound and indecisive.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.