Moving with the whole market
The total crypto market is −4.4% in 24 hours. GNO is −5.7%, about the same, so this looks like a market-wide move rather than something specific to Gnosis.
Why is the crypto market moving? →
why / gno
Why is Gnosis down today?
Gnosis (GNO) is down 5.7% in the last 24 hours, trading at $104.02. The whole crypto market is −4.4%, so this is mostly a market-wide move. Its sector, Exchange-based Tokens, is −5.6% today.
GNO 24h−5.71%
Whole market 24h−4.44%
Bitcoin 24h−4.83%
Link to BTC (30d)0.62
Volume vs normal2.0×
Exchange-based Tokens sector−5.62%
signals
What is moving Gnosis
Strongest signals first.
The Exchange-based Tokens sector is down
Gnosis is part of the Exchange-based Tokens sector, which is −5.6% today. GNO is moving with its sector.
Exchange-based Tokens sector →Partly follows Bitcoin
Over the last 30 days, GNO's daily moves had a 0.62 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −4.8% today.
Bitcoin price →Lowest price in 30 days
GNO at $104.02 is below every daily close of the past month (previous low $107.27). Breaking a recent low can trigger stop-loss selling.
Normal trading volume
Volume is close to its 30-day average (2.0×), so there is no rush of buyers or sellers today.
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 GNO positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring Gnosis
faq
Questions
Why is Gnosis down today?
Gnosis (GNO) is down 5.7% in the last 24 hours, trading at $104.02. The whole crypto market is −4.4%, so this is mostly a market-wide move. Its sector, Exchange-based Tokens, is −5.6% today.
Will Gnosis go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: GNO is −6.26% over 7 days and −10.61% 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, GNO'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.