why / googl

Why is Alphabet Class A • Robinhood Token down today?

−1.54% 24h
Short answer

Alphabet Class A • Robinhood Token (GOOGL) is down 1.5% in the last 24 hours, trading at $280.88. That is 2.6% better than the whole crypto market (−4.1%), so part of the move is specific to Alphabet Class A • Robinhood Token. Bitcoin, which it partly follows, is −4.8%.

· from live market data
GOOGL 24h−1.54%
Whole market 24h−4.14%
Bitcoin 24h−4.77%
Link to BTC (30d)0.44
Volume vs normal—
signals

What is moving Alphabet Class A • Robinhood Token

Strongest signals first.

Doing better than the market

The total crypto market is −4.1% in 24 hours. GOOGL is −1.5%, 2.6% better than the market, so part of the move is specific to Alphabet Class A • Robinhood Token.

Why is the crypto market moving? →

Very active trading

GOOGL traded 54% of its market cap in the last 24 hours, far more than a typical coin. Something is drawing traders in.

Partly follows Bitcoin

Over the last 30 days, GOOGL's daily moves had a 0.44 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −4.8% today.

Bitcoin price →

Lowest price in 30 days

GOOGL at $280.88 is below every daily close of the past month (previous low $292.91). Breaking a recent low can trigger stop-loss selling.

Weak month

GOOGL is −13% this week and −19% over 30 days, so today's move continues the monthly trend.

Market mood: Fear (30)

The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.

Fear & Greed Index →
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Liquidations, funding and open interest

See whether leveraged traders are being forced out of GOOGL positions right now, on the chart, in the Blockdeck app.

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faq

Questions

Why is Alphabet Class A • Robinhood Token down today?

Alphabet Class A • Robinhood Token (GOOGL) is down 1.5% in the last 24 hours, trading at $280.88. That is 2.6% better than the whole crypto market (−4.1%), so part of the move is specific to Alphabet Class A • Robinhood Token. Bitcoin, which it partly follows, is −4.8%.

Will Alphabet Class A • Robinhood Token go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: GOOGL is −12.59% over 7 days and −18.57% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.

How is this explanation made?

From measured market data, refreshed every few minutes: the whole market's move, GOOGL's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.

Explanations are built from market data and are not financial advice.