Bitcoin
Why Bitcoin is up 1.0% in the last hour
Analysis
Bitcoin (BTC) rose about 1.0% over the past hour as sentiment improved around ETF flow dynamics, with reports highlighting a rebound in buying from major players. U.Today noted BlackRock “backtracked” from a recent sell-off with new purchases, while Cointelegraph discussed how ETF flows are reshaping the Bitcoin-versus-gold narrative—both supportive of near-term demand expectations.
Contributing Factors (3)
Is the Bitcoin-versus-gold chart completely broken?
Bitcoin dropped below levels that historically marked cycle bottoms versus gold and preceded major rallies in dollar terms.
South Dakota lawmaker takes another run at Bitcoin reserve bill
The state representative introduced similar legislation shortly after taking office in 2025, but the bill was deferred and not signed into law.
BlackRock Backtracks on Brutal Bitcoin Sell-Off With New Buyup
$15,900,000 Bitcoin registered on ETF market in 24 hours as BlackRock sets new accumulation trend.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.