---
title: "Why did BMT go up 8.64% in 60 minutes? Evidence check: Bubblemaps rises sharply in an isolated one-hour move · 2026-10-24"
description: "BMT +8.64% in 1 hour on Gate · USDT, Oct 24 UTC: no news found. Bubblemaps climbed sharply over a one-hour window while most other tracked coins did not move the same way and Bitcoin was roughly flat, according to venue data from Gate. The move was large relative to the coin's recent hourly swings,…"
language: en
canonical: "https://whycoinmoves.com/en/events/bubblemaps-move-1792850940"
published: 2026-10-24T14:09:05.000Z
updated: 2026-10-24T15:12:15.000Z
indexable: true
---

# Why did BMT go up 8.64% in 60 minutes? Evidence check: Bubblemaps rises sharply in an isolated one-hour move · 2026-10-24

BMT +8.64% in 1 hour on Gate · USDT, Oct 24 UTC: no news found. Bubblemaps climbed sharply over a one-hour window while most other tracked coins did not move the same way and Bitcoin was roughly flat, according to venue data from Gate. The move was large relative to the coin's recent hourly swings,…

Nearby report sources (context, not confirmed causes): No matching source available

## Key facts

BMT changed +8.64% in 60 minutes (24/10/2026, 13:09 to 24/10/2026, 14:09, UTC; Gate · USDT). The cause remains unresolved.
After site detection, observed returns were 5 minutes: +3.90% (difference from BTC +4.28 pp; 24/10/2026, 14:10 → 24/10/2026, 14:15, UTC; Gate · USDT); 1 hour: -4.72% (difference from BTC -3.65 pp; 24/10/2026, 14:10 → 24/10/2026, 15:10, UTC; Gate · USDT). Unlisted windows are unavailable.
In the preceding 30 days, the 99th percentile of absolute hourly returns was 9.34% (Gate · USDT; cutoff 24/10/2026, 14:09, 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 | +3.90% | -0.38% | +4.28 pp | 24/10/2026, 14:10 → 24/10/2026, 14:15 | Gate · USDT |
| 1 hour | -4.72% | -1.06% | -3.65 pp | 24/10/2026, 14:10 → 24/10/2026, 15:10 | Gate · USDT |
| 24 hours | — | — | — | — | — |

## Detected price interval

| Metric | Value |
| --- | --- |
| Window | 60 min |
| Sampled prices | 0.0367 → 0.03987 |
| Return / BTC difference | +8.64% / +8.73 pp |
| Residual after BTC beta | +8.73 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](<https://whycoinmoves.com/en/research/announcement-timestamps-and-causality.md>)

## Historical hourly baseline

| Metric | Value |
| --- | --- |
| Ready | true |
| Coverage | 100.0% (720/720) |
| Median absolute hourly return | 0.53% |
| 99th percentile of absolute hourly returns | 9.34% |
| BTC beta | 1.05 |
| Source / cutoff (UTC) | Gate · USDT / 24/10/2026, 14:09 |

## Claims and open questions

- Whether an exchange listing, project announcement, on-chain flow or broader market news accounts for the move remains unresolved.

## Source evidence



## Recent BMT events and market reactions

- [Why did BMT drop 9.92% in 60 minutes? Evidence check: Bubblemaps falls sharply over one hour, isolated from the wider market · 2026-10-24](<https://whycoinmoves.com/en/events/bubblemaps-move-1792854780>) — Received 24/10/2026, 15:14 (UTC) · Cause unresolved · Market watch · 5m +0.38% / 1h +0.73%
- [Why did BMT go up 3.31% in 1 minute? Evidence check: Bubblemaps rises sharply in a one-minute move · 2026-10-24](<https://whycoinmoves.com/en/events/bubblemaps-move-1792847160>) — 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](<https://whycoinmoves.com/en/events/bubblemaps-move-1792843320>) — Received 24/10/2026, 12:03 (UTC) · Cause unresolved · Market watch · 5m -0.89% / 1h -5.69%
- [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](<https://whycoinmoves.com/en/events/bubblemaps-move-1792841460>) — Received 24/10/2026, 11:31 (UTC) · Cause unresolved · Market watch · 5m +0.09% / 1h +5.02%
- [Upbit adds KRW market for Bubblemaps (BMT)](<https://whycoinmoves.com/en/events/bubblemaps-upbit-adds-krw-market-bubblemaps-f061e223b4f46e>) — Published 24/10/2026, 02:41 (UTC) · Single source (1 publisher) · Exchanges · Complete reaction windows unavailable
- [Full coin archive](<https://whycoinmoves.com/en/coins/bubblemaps>)

## Research for this archive

- [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns](<https://whycoinmoves.com/en/research/hourly-returns-and-bitcoin-beta.md>)
- [Will Bitcoin go back up? Every crash since 2011 and its recovery time](<https://whycoinmoves.com/en/research/bitcoin-crash-recovery-time.md>)
- [Do XRP and Solana ETF flows move the price? First-year data](<https://whycoinmoves.com/en/research/xrp-solana-etf-flows-and-price.md>)
- [Crypto liquidity and order book depth: a historical data audit](<https://whycoinmoves.com/en/research/order-book-data-quality.md>)

[Methods and limitations](<https://whycoinmoves.com/en/methodology>)
Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.
