why / cbk

Why is Cobak down today?

−4.35% 24h
Short answer

Cobak (CBK) is down 4.3% in the last 24 hours, trading at $0.1836. The whole crypto market is −2.9%, so this is mostly a market-wide move. It is now at its lowest price in 30 days.

· from live market data
CBK 24h−4.35%
Whole market 24h−2.94%
Bitcoin 24h−3.23%
Link to BTC (30d)-0.01
Volume vs normal—
signals

What is moving Cobak

Strongest signals first.

Moving with the whole market

The total crypto market is −2.9% in 24 hours. CBK is −4.3%, about the same, so this looks like a market-wide move rather than something specific to Cobak.

Why is the crypto market moving? →

Very active trading

CBK traded 30% of its market cap in the last 24 hours, far more than a typical coin. Something is drawing traders in.

Lowest price in 30 days

CBK at $0.1836 is below every daily close of the past month (previous low $0.1939). Breaking a recent low can trigger stop-loss selling.

Moving on its own, not with Bitcoin

Over the last 30 days, CBK's daily moves had a -0.01 correlation with Bitcoin (1 means identical direction). That is low: CBK has mostly moved on its own lately, while Bitcoin is −3.2% today.

Bitcoin price →

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 CBK positions right now, on the chart, in the Blockdeck app.

See VIP layers →
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Keep exploring Cobak

faq

Questions

Why is Cobak down today?

Cobak (CBK) is down 4.3% in the last 24 hours, trading at $0.1836. The whole crypto market is −2.9%, so this is mostly a market-wide move. It is now at its lowest price in 30 days.

Will Cobak go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: CBK is −7.04% over 7 days and −14.31% 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, CBK'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.