Bitcoin
Why Bitcoin is down 1.1% in the last hour
Analysis
Bitcoin slipped 1.1% over the past hour as sentiment remained pressured by warnings of an extended downturn while BTC struggled around the $68K area, alongside attention on ETF flow dynamics flagged by analysts. Additional caution may have been reinforced by headlines highlighting “quantum freeze” risks to older BTC holdings, which can weigh on near-term risk appetite even without immediate on-chain impact.
Contributing Factors (3)
Saylor: Strategy Not Selling Bitcoin
Michael Saylor has dismissed liquidation fears as an "unfounded concern.".
Bitcoin Price Prediction: Alarming New Research Warns Millions in BTC at Risk of ‘Quantum Freeze’ – Are You Protected?
So imagine this: you wake up, you check your wallet, your Bitcoin is still there, just not yours anymore. It is frozen by the network itself.That is the scenario BitMEX Research is quietly preparing f...
Analysts Warn of Extended Downturn as Bitcoin Struggles at $68K
Crypto market analysts have become increasingly bearish, with technical signals favoring further downside before any meaningful recovery.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.