BT

Bitcoin

BTC 1 Hour Move
+1.09%
$63,676.00 → $64,370.00

Why Bitcoin is up 1.1% in the last hour

Analysis

Bitcoin rose 1.1% over the past hour as traders positioned ahead of a highly uncertain upcoming FOMC decision, a backdrop that often lifts short-term demand for BTC as a macro-sensitive asset. At the same time, attention on ETF flow dynamics and market participation—despite “sleepy” spot volumes—kept focus on institutional/flow-driven drivers rather than organic spot trading, supporting a modest bid.

Contributing Factors (3)

#1
CryptoPotato ETF Flows 13 hours ago

The Most Unpredictable FOMC Meeting in Years Is Here: What Bitcoin Investors Should Know

Here's why today's meeting is quite historic and how it can impact crypto markets.

Confidence
82%
Read source
#2
The Daily Hodl Exchange Outage 9 hours ago

Bybit Launches New DCA Challenge with Up to 55,000 USDT in Rewards for BTC, ETH and XAUT Auto-Investing

Dubai, United Arab Emirates, 29th July 2026, Chainwire The post Bybit Launches New DCA Challenge with Up to 55,000 USDT in Rewards for BTC, ETH and XAUT Auto-Investing appeared first on The Daily Hodl...

Confidence
81%
Read source
#3
The Block ETF Flows 13 hours ago

‘Sleepy July’: K33 says bitcoin spot volume on track for weakest month since late 2023

K33 says bitcoin spot trading activity is headed for its weakest month since late 2023 as derivatives markets remain subdued.

Confidence
80%
Read source

Move Details

Asset Bitcoin
Symbol BTC
Direction ↑ Bullish
Timeframe 1 Hour
Start Price $63,676.00
End Price $64,370.00
Change +1.09%
Detected Jul 29, 2026 6:10 PM

Explanation Confidence

81%

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