Doing worse than the market
The total crypto market is −2.9% in 24 hours. COW is −11%, 8.3% worse than the market, so part of the move is specific to CoW Protocol.
Why is the crypto market moving? →
why / cow
Why is CoW Protocol down today?
CoW Protocol (COW) is down 11% in the last 24 hours, trading at $0.1098. That is 8.3% worse than the whole crypto market (−2.9%), so part of the move is specific to CoW Protocol. It usually moves with Bitcoin, which is −3.2% today.
COW 24h−11.23%
Whole market 24h−2.94%
Bitcoin 24h−3.23%
Link to BTC (30d)0.73
Volume vs normal4.6×
Exchange-based Tokens sector−3.44%
signals
What is moving CoW Protocol
Strongest signals first.
Follows Bitcoin closely
Over the last 30 days, COW's daily moves had a 0.73 correlation with Bitcoin (1 means identical direction). It usually follows Bitcoin, which is −3.2% today.
Bitcoin price →Trading volume is 4.6× normal
At today's pace, COW trades about 4.6 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.
The Exchange-based Tokens sector is down
CoW Protocol is part of the Exchange-based Tokens sector, which is −3.4% today. COW is moving with its sector.
Exchange-based Tokens sector →Lowest price in 30 days
COW at $0.1098 is below every daily close of the past month (previous low $0.1167). Breaking a recent low can trigger stop-loss selling.
Weak month
COW is −18% this week and −35% 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 COW positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring CoW Protocol
faq
Questions
Why is CoW Protocol down today?
CoW Protocol (COW) is down 11% in the last 24 hours, trading at $0.1098. That is 8.3% worse than the whole crypto market (−2.9%), so part of the move is specific to CoW Protocol. It usually moves with Bitcoin, which is −3.2% today.
Will CoW Protocol go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: COW is −18.13% over 7 days and −34.57% 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, COW'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.