Bitcoin
Why Bitcoin is down 1.2% in the last hour
Analysis
Bitcoin fell 1.2% over the past hour as the broader selloff intensified, with prices slipping below $63,000 for the first time since February, triggering fresh downside momentum (CoinDesk). The move also aligns with reports of BTC re-testing its February low for a third time amid close market focus on ETF flow dynamics and risk sentiment (CoinDesk).
Contributing Factors (3)
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Bitcoin selloff continues as prices slide below $63,000 for the first time since February
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Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.