Bitcoin
Why Bitcoin is up 1.2% in the last hour
Analysis
Bitcoin rose 1.2% over the past hour after a macro/regulatory headline boosted risk sentiment: Decrypt reported BTC climbed following a Supreme Court ruling against Trump-era tariffs. That positive catalyst appeared to outweigh ongoing headwinds noted by The Block, which said ETF outflows have persisted and liquidity remains tight, factors that have kept BTC below a key onchain level.
Contributing Factors (3)
Bitcoin Rises After Supreme Court Rules Against Trump Tariffs
Bitcoin ticked up after the Supreme Court ruled that President Trump exceeded his authority in imposing most tariffs on foreign goods.
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.
South Korean Lawmakers Slam Regulators Over Bithumb's $43 Billion Bitcoin Blunder
Lawmakers in South Korea are intensifying scrutiny over the role of regulators after Bithumb accidentally gave out $43 billion in Bitcoin.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.