Bitcoin
Why Bitcoin is up 1.1% in the last hour
Analysis
Bitcoin rose 1.1% over the past hour as sentiment and near-term demand improved following reports that Bitcoin ETFs extended their rebound with $145M in fresh inflows, supporting spot-market buying pressure. The move was further underpinned by market-structure optimism after Interactive Brokers added nano Bitcoin futures via Coinbase Derivatives, which can broaden access and liquidity for BTC exposure.
Contributing Factors (3)
Interactive Brokers Adds Nano Bitcoin Futures Via Coinbase Derivatives
Bitcoin Magazine Interactive Brokers Adds Nano Bitcoin Futures Via Coinbase Derivatives Interactive Brokers now offers nano Bitcoin futures via Coinbase Derivatives, providing smaller, lower-risk, and...
Bitcoin ETFs extend rebound as $145M in fresh inflows hit market
The Bitcoin ETF rebound comes as analysts flag slowing outflows, while early BTC holders trim positions rather than exit as BTC hovers near $70,000, according to Bitwise.
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Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.