BT

Bitcoin

BTC 1 Hour Move
-1.14%
$70,810.00 → $70,004.00

Why Bitcoin is down 1.1% in the last hour

Analysis

Bitcoin slipped 1.1% over the past hour as traders digested ETF-flow and liquidity-driven selling dynamics highlighted in recent coverage. CoinDesk reported that market makers likely amplified downside during a sharp move toward $60,000, reinforcing short-term risk-off positioning, even as Cointelegraph noted Bernstein views the broader sell-off as a relatively “weak” bear case tied to flows rather than a fundamental breakdown.

Contributing Factors (3)

#1
Cointelegraph ETF Flows 1 week ago

Bernstein calls Bitcoin sell-off 'weakest bear case' on record, keeps $150K 2026 target

The research analysts pointed to tight liquidity and macro pressure as drivers of the decline, while noting that spot Bitcoin ETFs have seen relatively modest outflows.

Confidence
90%
Read source
#2
Decrypt Regulatory 1 week ago

Investigators Circle as Bithumb Reveals Compensation Plan for $43 Billion Bitcoin Error

South Korean regulators are investigating Bithumb after its accidental $43 billion Bitcoin handout to customers last week.

Confidence
90%
Read source
#3
CoinDesk ETF Flows 1 week ago

Here's how market makers likely accelerated bitcoin's brutal crash to $60,000

The invisible hands of market makers likely accelerated bitcoin's recent crash.

Confidence
89%
Read source

Move Details

Asset Bitcoin
Symbol BTC
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $70,810.00
End Price $70,004.00
Change -1.14%
Detected Feb 9, 2026 9:50 PM

Explanation Confidence

89%

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