BT

Bitcoin

BTC 1 Hour Move
+1.01%
$76,882.00 β†’ $77,662.00

Why Bitcoin is up 1.0% in the last hour

Analysis

Bitcoin rose ~1.0% over the past hour as traders reacted to ETF-flow headlines that highlighted stress among spot Bitcoin ETF holders, including investors sitting on paper losses and the β€œaverage” ETF investor turning underwater after recent outflows. The coverage may have prompted short-term repositioning around ETF-driven supply/demand dynamics, helping BTC rebound modestly despite the broader cautionary tone about ETF capitulation risk.

Contributing Factors (3)

#1
CoinDesk ETF Flows 2 weeks ago

Bitcoin ETF holders, sitting on paper losses, may throw in the towel

Spot ETF investors are now sitting on paper losses, which sets the stage for potential large redemptions.

Confidence
88%
Read source
#2
CoinDesk ETF Flows 2 weeks ago

Bitcoin's crash exposes painful truth – crypto market still dances to BTC's tune

Despite thousands of alternative tokens and institutional adoption, crypto markets in 2026 still largely move in lockstep with bitcoin, offering little real diversification.

Confidence
84%
Read source
#3
CryptoNews ETF Flows 2 weeks ago

Average Bitcoin ETF Investor Turns Underwater After Heavy Outflows

Bitcoin has fallen below the average cost basis of US spot Bitcoin ETFs, leaving the typical ETF buyer underwater. The post Average Bitcoin ETF Investor Turns Underwater After Heavy Outflows appeared...

Confidence
83%
Read source

Move Details

Asset Bitcoin
Symbol BTC
Direction ↑ Bullish
Timeframe 1 Hour
Start Price $76,882.00
End Price $77,662.00
Change +1.01%
Detected Feb 2, 2026 9:55 AM

Explanation Confidence

86%

High confidence in the explanation based on source reliability and timing.