Bitcoin
Why Bitcoin is up 1.3% in the last hour
Analysis
Bitcoin rose 1.3% over the last hour as dip-buying appeared to pick up following the broader selloff narrative tied to ETF-flow-driven volatility. CoinDesk reported that “mega-whales” have been quietly buying while retail traders exit, which likely supported a short-term rebound.
Contributing Factors (3)
Active Solana addresses spike 115%, four in 10 merchants take Bitcoin: Month in Charts
Activity on Solana has spiked as new AI tech makes it easier than ever to launch memecoins. Meanwhile, Ethereum is plugging away at future-proofing and bringing down fees.
Bitcoin Price Crashes to $75,000 Range As Broader Crypto Market Sells-Off
Bitcoin Magazine Bitcoin Price Crashes to $75,000 Range As Broader Crypto Market Sells-Off The bitcoin price crashed into the $75,000 range, breaking below key technical support levels as heavy sellin...
Retail traders are running for the exit amid bitcoin's selloff, while 'mega-whales' are quietly buying the dip
Glassnode data shows large bitcoin holders accumulating, while retail remains in distribution.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.