Bitcoin
Why Bitcoin is down 1.5% in the last hour
Analysis
Bitcoin slipped ~1.5% over the past hour as traders reacted to liquidation-driven volatility and broader risk-off sentiment highlighted in reports about a potential bearish “regime shift” and key downside levels. Cointelegraph also noted continued ETF-related selling pressure, with crypto funds posting a fourth straight week of outflows ($173M), which can weigh on BTC during intraday dips.
Contributing Factors (3)
$75K or bearish ‘regime shift?’ Five things to know in Bitcoin this week
Bitcoin market analysis focused on liquidations and the wick to $59,000 for signs of the next significant BTC price move on lower time frames.
BTC Saw Its Largest Short Liquidation Spike Since 2024 But Makes U-Turn
10,700 BTC in shorts were wiped out as price bounced, with Bitcoin awaiting next move on the markets.
Crypto funds log fourth week of outflows at $173M as BTC dips below $70K
Crypto funds saw $173 million outflows last week as Bitcoin and Ether slipped, while XRP and Solana bucked the trend across global markets.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.