Doing worse than the market
The total crypto market is −4.7% in 24 hours. IMX is −14%, 9.7% worse than the market, so part of the move is specific to Immutable.
Why is the crypto market moving? →
why / imx
Why is Immutable down today?
Immutable (IMX) is down 14% in the last 24 hours, trading at $0.1210. That is 9.7% worse than the whole crypto market (−4.7%), so part of the move is specific to Immutable. Its sector, Zero Knowledge (ZK), is −9.2% today.
IMX 24h−14.46%
Whole market 24h−4.73%
Bitcoin 24h−5.14%
Link to BTC (30d)0.62
Volume vs normal4.6×
Zero Knowledge (ZK) sector−9.21%
signals
What is moving Immutable
Strongest signals first.
The Zero Knowledge (ZK) sector is down
Immutable is part of the Zero Knowledge (ZK) sector, which is −9.2% today. IMX is moving with its sector.
Zero Knowledge (ZK) sector →Trading volume is 4.6× normal
At today's pace, IMX 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.
Partly follows Bitcoin
Over the last 30 days, IMX's daily moves had a 0.62 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −5.1% today.
Bitcoin price →Lowest price in 30 days
IMX at $0.1210 is below every daily close of the past month (previous low $0.1290). Breaking a recent low can trigger stop-loss selling.
Weak month
IMX is −17% this week and −28% 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 IMX positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring Immutable
faq
Questions
Why is Immutable down today?
Immutable (IMX) is down 14% in the last 24 hours, trading at $0.1210. That is 9.7% worse than the whole crypto market (−4.7%), so part of the move is specific to Immutable. Its sector, Zero Knowledge (ZK), is −9.2% today.
Will Immutable go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: IMX is −17.47% over 7 days and −28.35% 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, IMX'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.