BT

Bitcoin

BTC 1 Hour Move
-1.39%
$60,028.00 → $59,196.00

Why Bitcoin is down 1.4% in the last hour

Analysis

Bitcoin dipped 1.4% over the past hour as traders reacted to continued concern around Bitcoin ETF outflows, which can pressure spot demand in the short term. Cointelegraph’s weekly market rundown highlighted ETF flow dynamics and a key RSI signal that can amplify near-term selling when momentum weakens, while BeInCrypto specifically pointed to ongoing Bitcoin ETF outflows even as XRP ETF inflows extended their streak.

Contributing Factors (3)

#1
Cointelegraph ETF Flows 6 hours ago

BTC price RSI prints key 2026 signal: Five things to know in Bitcoin this week

Bitcoin prepped an "interesting" RSI divergence into the Q2 and June candle close as analysis compared $60,000 to the $30,000 mark in the 2022 bear market.

Confidence
89%
Read source
#2
BeInCrypto ETF Flows 6 hours ago

XRP ETF Inflows Hit 8-Week Streak: Will Bitcoin ETF Outflows Continue?

XRP ETFs logged $22.99M in net inflows last week while Bitcoin ETFs bled hundreds of millions as BTC fell below $60,000. The post XRP ETF Inflows Hit 8-Week Streak: Will Bitcoin ETF Outflows Continue?...

Confidence
79%
Read source
#3
Cointelegraph Protocol Upgrade 3 hours ago

Breez launches Bitcoin-to-stablecoin payments across more than 30 blockchains

The new SDK feature lets developers route payments from Bitcoin balances to recipients in USDC and USDT without requiring users to hold stablecoins.

Confidence
78%
Read source

Move Details

Asset Bitcoin
Symbol BTC
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $60,028.00
End Price $59,196.00
Change -1.39%
Detected Jun 29, 2026 2:10 PM

Explanation Confidence

84%

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