Follows Bitcoin closely
Over the last 30 days, BMNRB's daily moves had a 0.79 correlation with Bitcoin (1 means identical direction). It usually follows Bitcoin, which is −4.8% today.
Bitcoin price →
why / bmnrb
Why is BitMine Immersion Technologies (bStocks Tokenized Stock) down today?
BitMine Immersion Technologies (bStocks Tokenized Stock) (BMNRB) is down 7.1% in the last 24 hours, trading at $20.4. It usually moves with Bitcoin, which is −4.8% today. Trading volume is running at 2.8× its 30-day average.
BMNRB 24h−7.14%
Whole market 24h−4.14%
Bitcoin 24h−4.77%
Link to BTC (30d)0.79
Volume vs normal2.8×
signals
What is moving BitMine Immersion Technologies (bStocks Tokenized Stock)
Strongest signals first.
Trading volume is 2.8× normal
At today's pace, BMNRB trades about 2.8 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.
Doing worse than the market
The total crypto market is −4.1% in 24 hours. BMNRB is −7.1%, 3.0% worse than the market, so part of the move is specific to BitMine Immersion Technologies (bStocks Tokenized Stock).
Why is the crypto market moving? →Lowest price in 30 days
BMNRB at $20.4 is below every daily close of the past month (previous low $20.43). Breaking a recent low can trigger stop-loss selling.
Weak month
BMNRB is −10% this week and −26% 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 →Liquidations, funding and open interest
See whether leveraged traders are being forced out of BMNRB positions right now, on the chart, in the Blockdeck app.
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BitMine Immersion Technologies (bStocks Tokenized Stock) price and chart
Live price, candles, stats and market data
Think BMNRB turns up?Call it in Daily Calls and get scored in 24 hours
If you had bought BMNRBWhat a past purchase is worth today
Why is crypto moving today?The whole market, sectors and biggest movers
faq
Questions
Why is BitMine Immersion Technologies (bStocks Tokenized Stock) down today?
BitMine Immersion Technologies (bStocks Tokenized Stock) (BMNRB) is down 7.1% in the last 24 hours, trading at $20.4. It usually moves with Bitcoin, which is −4.8% today. Trading volume is running at 2.8× its 30-day average.
Will BitMine Immersion Technologies (bStocks Tokenized Stock) go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: BMNRB is −10.07% over 7 days and −26.38% 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, BMNRB'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.