Bitcoin
Why Bitcoin is down 1.2% in the last hour
Analysis
Bitcoin slipped 1.2% over the past hour as risk-off sentiment appeared to dominate, with ETF flow data suggesting waning conviction while BTC tested key demand levels. Adding to caution, reports that crypto lender BlockFills recently halted withdrawals during last week’s Bitcoin drop likely reinforced near-term liquidity and counterparty concerns.
Contributing Factors (3)
Risk-Off Signals Dominate As Bitcoin Tests Market Conviction – Details
Bitcoin has slipped below the key $70,000 level and is now attempting to stabilize above $65,000 as broader market conditions remain fragile. The recent decline reflects persistent selling pressure, c...
Crypto lender halted withdrawals during Bitcoin's fall last week
Despite the deposit and withdrawal halt, BlockFills customers can still place trades on the platform to open and close positions.
Joe Lubin claims DeFi is as safe as traditional finance, adding that bitcoin is in crisis
During an interview at Consensus Hong Kong 2026, Joseph Lubin argued that "blue chip" decentralized finance has reached parity with traditional banking.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.