BT

Bitcoin

BTC 1 Hour Move
-3.14%
$61,295.00 → $59,368.00

Why Bitcoin is down 3.1% in the last hour

Analysis

Bitcoin fell 3.1% over the past hour as reports tied the move to renewed selling pressure linked to ETF outflows and broader weakness in crypto-related equities. Bitcoin Magazine described BTC sliding toward $61,000 amid a “bloodbath” in crypto stocks, while BeInCrypto similarly pointed to ETF outflows and continued bear-market conditions weighing on price.

Contributing Factors (3)

#1
CoinJournal Protocol Upgrade 3 hours ago

GoMining mines first Stratum V2 Bitcoin block using DMND pool

GoMining mines first Stratum V2 Bitcoin block with DMND pool. Stratum V2 enables miners to choose block transactions directly. New system shifts power from pools to miners in Bitcoin mining. GoMining...

Confidence
87%
Read source
#2
Bitcoin Magazine ETF Flows 1 day 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
84%
Read source
#3
BeInCrypto ETF Flows 14 hours ago

Bitcoin Hits Lowest Level Since Oct. 2024 as Bear Market Grinds Into 8th Month

Bitcoin dipped to $59,023 on Wednesday, its lowest since Oct. 2024, as ETF outflows, AI capital rotation, and macro headwinds deepen the bear market. The post Bitcoin Hits Lowest Level Since Oct. 2024...

Confidence
83%
Read source

Move Details

Asset Bitcoin
Symbol BTC
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $61,295.00
End Price $59,368.00
Change -3.14%
Detected Jun 25, 2026 1:50 PM

Explanation Confidence

85%

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