Doing better than the market
The total crypto market is −3.9% in 24 hours. FRAX is −0.1%, 3.9% better than the market, so part of the move is specific to Legacy Frax Dollar.
Why is the crypto market moving? →
why / frax
Is Legacy Frax Dollar up or down today?
Legacy Frax Dollar (FRAX) is roughly flat today at −0.1% over 24 hours. That is 3.9% better than the whole crypto market (−3.9%), so part of the move is specific to Legacy Frax Dollar. Its sector, Decentralized Finance (DeFi), is −4.6% today.
FRAX 24h−0.07%
Whole market 24h−3.93%
Bitcoin 24h−4.33%
Link to BTC (30d)0.09
Volume vs normal—
Decentralized Finance (DeFi) sector−4.62%
signals
What is moving Legacy Frax Dollar
Strongest signals first.
The Decentralized Finance (DeFi) sector is down
Legacy Frax Dollar is part of the Decentralized Finance (DeFi) sector, which is −4.6% today. FRAX is moving with its sector.
Decentralized Finance (DeFi) sector →Lowest price this week
FRAX dipped below its 7-day range (low $0.9913).
Moving on its own, not with Bitcoin
Over the last 30 days, FRAX's daily moves had a 0.09 correlation with Bitcoin (1 means identical direction). That is low: FRAX has mostly moved on its own lately, while Bitcoin is −4.3% 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 →Liquidations, funding and open interest
See whether leveraged traders are being forced out of FRAX positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring Legacy Frax Dollar
faq
Questions
Is Legacy Frax Dollar up or down today?
Legacy Frax Dollar (FRAX) is roughly flat today at −0.1% over 24 hours. That is 3.9% better than the whole crypto market (−3.9%), so part of the move is specific to Legacy Frax Dollar. Its sector, Decentralized Finance (DeFi), is −4.6% today.
Will Legacy Frax Dollar go back down?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: FRAX is −0.23% over 7 days and −0.23% 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, FRAX'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.