Bitcoin
Why Bitcoin is down 1.3% in the last hour
Analysis
Bitcoin slipped 1.3% over the past hour as traders reacted to renewed security concerns tied to the Liquid exploit, with reports that hackers still control nearly 600 BTC and Blockstream has refused a ransom demand. The incident likely added short-term risk-off pressure and prompted some de-risking despite otherwise mixed macro headlines.
Contributing Factors (3)
‘Return the bitcoin’: Blockstream refuses ransom demand for remaining 600 BTC from Liquid exploit
Liquid has resumed transactions following the exploit, though peg-outs remain disabled as recovery work continues.
Blockstream rejects ransom as Liquid hackers hold nearly 600 BTC
Blockstream said it would work with law enforcement, exchanges and forensic specialists to recover the Bitcoin if the hackers do not return it.
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