--- title: "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" description: "BMT -9.92% in 1 hour on Gate · USDT, Oct 24 UTC: no news found. No report in the monitored feeds explains the move, so its cause is unresolved." language: en canonical: "https://whycoinmoves.com/en/events/bubblemaps-move-1792854780" published: 2026-10-24T15:14:00.000Z updated: 2026-10-24T16:16:12.000Z indexable: true --- # 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 BMT -9.92% in 1 hour on Gate · USDT, Oct 24 UTC: no news found. No report in the monitored feeds explains the move, so its cause is unresolved. Nearby report sources (context, not confirmed causes): No matching source available ## Key facts BMT changed -9.92% in 60 minutes (24/10/2026, 14:13 to 24/10/2026, 15:13, UTC; Gate · USDT). The cause remains unresolved. After site detection, observed returns were 5 minutes: +0.38% (difference from BTC +0.97 pp; 24/10/2026, 15:14 → 24/10/2026, 15:19, UTC; Gate · USDT); 1 hour: +0.73% (difference from BTC +0.59 pp; 24/10/2026, 15:14 → 24/10/2026, 16:14, 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, 15:13, 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 | +0.38% | -0.59% | +0.97 pp | 24/10/2026, 15:14 → 24/10/2026, 15:19 | Gate · USDT | | 1 hour | +0.73% | +0.13% | +0.59 pp | 24/10/2026, 15:14 → 24/10/2026, 16:14 | Gate · USDT | | 24 hours | — | — | — | — | — | ## Detected price interval | Metric | Value | | --- | --- | | Window | 60 min | | Sampled prices | 0.04182 → 0.03767 | | Return / BTC difference | -9.92% / -8.87 pp | | Residual after BTC beta | -8.82 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 | 9.34% | | BTC beta | 1.04 | | Source / cutoff (UTC) | Gate · USDT / 24/10/2026, 15:13 | ## Claims and open questions - Whether an exchange listing, notice, project announcement, on-chain flow or broader market news explains the drop. ## 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% / 1h -4.72% - [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% - [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]() — Received 24/10/2026, 11:31 (UTC) · Cause unresolved · Market watch · 5m +0.09% / 1h +5.02% - [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.