Moving with the whole market
The total crypto market is −2.3% in 24 hours. BTC is −2.4%, about the same, so this looks like a market-wide move rather than something specific to Bitcoin.
Why is the crypto market moving? →
why / btc
Why is Bitcoin down today?
Bitcoin (BTC) is down 2.4% in the last 24 hours, trading at $77,947. The whole crypto market is −2.3%, so this is mostly a market-wide move. Trading volume is running at 2.4× its 30-day average.
BTC 24h−2.43%
Whole market 24h−2.31%
Volume vs normal2.4×
Layer 1 (L1) sector−2.29%
signals
What is moving Bitcoin
Strongest signals first.
Trading volume is 2.4× normal
At today's pace, BTC trades about 2.4 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.
The Layer 1 (L1) sector is down
Bitcoin is part of the Layer 1 (L1) sector, which is −2.3% today. BTC is moving with its sector.
Layer 1 (L1) sector →4 stories about Bitcoin today
Recent headlines: “Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto bets” and “Here’s what happened in crypto today”. Read them below.
Lowest price in 30 days
BTC at $77,947 is below every daily close of the past month (previous low $77,992). Breaking a recent low can trigger stop-loss selling.
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 →Liquidations, funding and open interest
See whether leveraged traders are being forced out of BTC positions right now, on the chart, in the Blockdeck app.
See VIP layers →news
Bitcoin news today
Bitcoin, ether and XRP selloff wipes out $1.5 billion in leveraged crypto betsCoinDesk · 3h agoHere’s what happened in crypto todayCointelegraph · 3h agoStrategy eyes more Bitcoin buys as Saylor touts $30B credit capacityCointelegraph · 3h agoBinance hacker splits $1.4 billion of bitcoin into 19 wallets that no one can freezeCoinDesk · 4h ago
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Keep exploring Bitcoin
faq
Questions
Why is Bitcoin down today?
Bitcoin (BTC) is down 2.4% in the last 24 hours, trading at $77,947. The whole crypto market is −2.3%, so this is mostly a market-wide move. Trading volume is running at 2.4× its 30-day average.
Will Bitcoin go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: BTC is −4.58% over 7 days and −5.99% 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, BTC'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.