Bitcoin
Why Bitcoin is down 1.1% in the last hour
Analysis
Bitcoin fell 1.1% over the past hour as near-term selling pressure appeared tied to ETF-related profit-taking, with CoinDesk noting that BTC holders have been “cashing out” via flows that look different from prior cycle tops. Traders also stayed cautious ahead of the roughly $16B in bitcoin options expiring today, which CryptoPotato highlighted as a potential catalyst for short-term repositioning and hedging.
Contributing Factors (3)
Bitcoin holders are cashing out, just not the way they did at prior market tops
Your day-ahead look for Sept. 25, 2026
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How Will Crypto Markets Move After $16B in Bitcoin Options Expire Today?
Away from Friday's expiry, traders are building large butterfly structures betting on Bitcoin hitting $95,000 by the end of October.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.