BT

Bitcoin

BTC 24 Hour Move
+1.66%
$72,725.00 → $73,933.00

Why Bitcoin is up 1.7% today

Analysis

Bitcoin rose about 1.7% over the past 24 hours despite headlines pointing to softer institutional demand. CoinDesk reported a record ninth straight day of U.S.

Contributing Factors (3)

#1
CoinDesk ETF Flows 15 hours ago

Live markets: Bitcoin slides further, putting two-month winning streak in jeopardy

Confidence
88%
Read source
#2
CoinDesk ETF Flows 18 hours ago

Bitcoin underperforms risk assets as record 9th day of ETF outflows signal waning demand

Your day-ahead look for May 29, 2026

Confidence
84%
Read source
#3
Cointelegraph ETF Flows 2 days ago

Bitcoin miner inflows to Binance soar as BTC struggles to hold uptrend: Is $70K next?

Weakening spot demand, miner inflows to exchanges and freshly opened shorts put downside pressure on Bitcoin price.

Confidence
82%
Read source

Move Details

Asset Bitcoin
Symbol BTC
Direction ↑ Bullish
Timeframe 24 Hours
Start Price $72,725.00
End Price $73,933.00
Change +1.66%
Detected May 29, 2026 3:35 PM

Explanation Confidence

85%

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