why / beam

Why is Beam up today?

+33.47% 24h
Short answer

Beam (BEAM) is up 33% in the last 24 hours, trading at $0.00446. That is 36% better than the whole crypto market (−2.3%), so part of the move is specific to Beam. It is now at its highest price in 30 days.

· from live market data
BEAM 24h+33.47%
Whole market 24h−2.30%
Bitcoin 24h−2.41%
Link to BTC (30d)-0.01
Volume vs normal—
Gaming (GameFi) sector−2.48%
signals

What is moving Beam

Strongest signals first.

Doing better than the market

The total crypto market is −2.3% in 24 hours. BEAM is +33%, 36% better than the market, so part of the move is specific to Beam.

Why is the crypto market moving? →

Highest price in 30 days

BEAM is above every daily close of the past month (previous high $0.00342). Breaking out of a range often draws in momentum buyers.

Moving on its own, not with Bitcoin

Over the last 30 days, BEAM's daily moves had a -0.01 correlation with Bitcoin (1 means identical direction). That is low: BEAM has mostly moved on its own lately, while Bitcoin is −2.4% today.

Bitcoin price →

The Gaming (GameFi) sector is down

Beam is part of the Gaming (GameFi) sector, which is −2.5% today. BEAM is moving against its sector, which points to coin-specific news or trading.

Gaming (GameFi) sector →

Strong month

BEAM is +36% this week and +116% 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 →
VIP

Liquidations, funding and open interest

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

See VIP layers →
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Keep exploring Beam

faq

Questions

Why is Beam up today?

Beam (BEAM) is up 33% in the last 24 hours, trading at $0.00446. That is 36% better than the whole crypto market (−2.3%), so part of the move is specific to Beam. It is now at its highest price in 30 days.

Will Beam go back down?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: BEAM is +35.95% over 7 days and +115.64% 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, BEAM'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.