BT

Bitcoin

BTC 1 Hour Move
-1.04%
$61,145.00 → $60,512.00

Why Bitcoin is down 1.0% in the last hour

Analysis

Bitcoin slipped about 1.0% over the past hour as reports highlighted renewed selling pressure tied to ETF flow dynamics, with headlines pointing to heavy outflows and broader weakness across crypto-linked equities. CoinDesk noted that the “debasement trade” (gold, silver, and bitcoin) was unwinding, adding to near-term downside momentum, while Bitcoin Magazine described a slide toward $61,000 amid a broader “bloodbath” in crypto stocks.

Contributing Factors (3)

#1
Bitcoin Magazine ETF Flows 3 hours ago

Bitcoin Price Crashes Toward $61,000 as Bloodbath Engulfs Crypto Stocks

Bitcoin Magazine Bitcoin Price Crashes Toward $61,000 as Bloodbath Engulfs Crypto Stocks Bitcoin price has fallen to around $61,500—down more than 50% from its October 2025 peak—dragging crypto-relate...

Confidence
96%
Read source
#2
CoinDesk ETF Flows 3 hours ago

Gold, silver and bitcoin tumble as debasement trade unwinds

Precious metals have fallen sharply from their 2025 highs as markets price in Fed rate hikes.

Confidence
95%
Read source
#3
U.Today ETF Flows 3 hours ago

Over $610 Million in Bitcoin and Ethereum Dumped by BlackRock

BlackRock continues selling Bitcoin and Ethereum as ETF performances remain weak amid sustained market volatility and bearish on-chain movements.

Confidence
90%
Read source

Move Details

Asset Bitcoin
Symbol BTC
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $61,145.00
End Price $60,512.00
Change -1.04%
Detected Jun 24, 2026 3:45 PM

Explanation Confidence

94%

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