Claims that Bitcoin (CRYPTO: BTC) consistently “dumps” at 10 a.m. ET have gained traction online, but one economist says the data do not support a systematic pattern.

‘10 AM Dump’ Not Backed By Data

Alex Krüger on Thursday pushed back on the popular narrative after analyzing price action since Jan. 1.

He said there is no statistical evidence of a recurring selloff tied specifically to the 10 a.m. U.S. market window.

Kruger pointed to data from the iShares Bitcoin Trust (NASDAQ:IBIT), which shows a cumulative return of +0.9% during the 10:00–10:30 a.m. period and –1% during the 10:00–10:15 window.

He described those figures as noisy rather than indicative of a predictable daily…

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