--- title: "Why did BMT drop 10.01% in 60 minutes? Evidence check: Bubblemaps falls sharply over one hour while most other tracked coins hold steady · 2026-10-24" description: "BMT -10.01% in 1 hour on Gate · USDT, Oct 24 UTC: no news found. Bubblemaps (BMT) fell sharply against USDT on Gate over a one-hour window, a move far larger than Bitcoin's change over the same period, according to the venue's price data. Few other tracked coins moved the same way and none moved…" language: en canonical: "https://whycoinmoves.com/en/events/bubblemaps-move-1792841460" published: 2026-10-24T11:31:12.000Z updated: 2026-10-24T12:34:03.000Z indexable: true --- # Why did BMT drop 10.01% in 60 minutes? Evidence check: Bubblemaps falls sharply over one hour while most other tracked coins hold steady · 2026-10-24 BMT -10.01% in 1 hour on Gate · USDT, Oct 24 UTC: no news found. Bubblemaps (BMT) fell sharply against USDT on Gate over a one-hour window, a move far larger than Bitcoin's change over the same period, according to the venue's price data. Few other tracked coins moved the same way and none moved… Nearby report sources (context, not confirmed causes): No matching source available ## Key facts BMT changed -10.01% in 60 minutes (24/10/2026, 10:31 to 24/10/2026, 11:31, UTC; Gate · USDT). The cause remains unresolved. After site detection, observed returns were 5 minutes: +0.09% (difference from BTC +0.05 pp; 24/10/2026, 11:32 → 24/10/2026, 11:37, UTC; Gate · USDT); 1 hour: +5.02% (difference from BTC +4.77 pp; 24/10/2026, 11:32 → 24/10/2026, 12:33, UTC; Gate · USDT). Unlisted windows are unavailable. In the preceding 30 days, the 99th percentile of absolute hourly returns was 8.87% (Gate · USDT; cutoff 24/10/2026, 11:31, UTC). This hourly baseline is not directly comparable with a minute move. ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | +0.09% | +0.04% | +0.05 pp | 24/10/2026, 11:32 → 24/10/2026, 11:37 | Gate · USDT | | 1 hour | +5.02% | +0.25% | +4.77 pp | 24/10/2026, 11:32 → 24/10/2026, 12:33 | Gate · USDT | | 24 hours | — | — | — | — | — | ## Detected price interval | Metric | Value | | --- | --- | | Window | 60 min | | Sampled prices | 0.03815 → 0.03433 | | Return / BTC difference | -10.01% / -9.95 pp | | Residual after BTC beta | -9.94 pp · Recorded model-adjusted difference; includes model error and other shared factors. Not a pure coin-specific effect. | | Detection threshold | 8% | | Source | Gate · USDT | [Research: announcement timing and causality]() ## Historical hourly baseline | Metric | Value | | --- | --- | | Ready | true | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.53% | | 99th percentile of absolute hourly returns | 8.87% | | BTC beta | 1.05 | | Source / cutoff (UTC) | Gate · USDT / 24/10/2026, 11:31 | ## Claims and open questions - Any exchange listing, delisting or notice affecting BMT that could explain the drop - A project announcement or notable on-chain flows tied to Bubblemaps around the time of the move ## Source evidence ## Recent BMT events and market reactions - [Why did BMT go up 8.64% in 60 minutes? Evidence check: Bubblemaps rises sharply in an isolated one-hour move · 2026-10-24]() — Received 24/10/2026, 14:09 (UTC) · Cause unresolved · Market watch · 5m +3.90% - [Why did BMT go up 3.31% in 1 minute? Evidence check: Bubblemaps rises sharply in a one-minute move · 2026-10-24]() — Received 24/10/2026, 13:07 (UTC) · Cause unresolved · Market watch · 5m +3.86% / 1h +7.58% - [Why did BMT go up 6.50% in 1 minute? Evidence check: Bubblemaps rises sharply in a one-minute move · 2026-10-24]() — Received 24/10/2026, 12:03 (UTC) · Cause unresolved · Market watch · 5m -0.89% / 1h -5.69% - [Upbit adds KRW market for Bubblemaps (BMT)]() — Published 24/10/2026, 02:41 (UTC) · Single source (1 publisher) · Exchanges · Complete reaction windows unavailable - [Full coin archive]() ## Research for this archive - [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns]() - [Will Bitcoin go back up? Every crash since 2011 and its recovery time]() - [Do XRP and Solana ETF flows move the price? First-year data]() - [Crypto liquidity and order book depth: a historical data audit]() [Methods and limitations]() Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.