Bitcoin
Why Bitcoin is down 1.0% in the last hour
Analysis
Bitcoin slipped about 1.0% over the past hour as broader crypto selling pressure and negative ETF flow dynamics weighed on spot demand, pushing BTC into a sharper risk-off move. The drop was exacerbated by forced selling in derivatives markets, with liquidations reported to be approaching $1B, which can accelerate short-term downside.
Contributing Factors (3)
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.
Bitcoin (BTC) Price Tanks Toward $80K as Liquidations Approach $1B
BTC slipped beneath $81,000 minutes ago.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.