Moving with the whole market
The total crypto market is −2.9% in 24 hours. IOTA is −2.0%, about the same, so this looks like a market-wide move rather than something specific to IOTA.
Why is the crypto market moving? →
why / iota
Why is IOTA down today?
IOTA (IOTA) is down 2.0% in the last 24 hours, trading at $0.0393. The whole crypto market is −2.9%, so this is mostly a market-wide move. It usually moves with Bitcoin, which is −3.2% today.
IOTA 24h−2.05%
Whole market 24h−2.94%
Bitcoin 24h−3.23%
Link to BTC (30d)0.84
Volume vs normal0.6×
Decentralized Finance (DeFi) sector−2.70%
signals
What is moving IOTA
Strongest signals first.
Follows Bitcoin closely
Over the last 30 days, IOTA's daily moves had a 0.84 correlation with Bitcoin (1 means identical direction). It usually follows Bitcoin, which is −3.2% today.
Bitcoin price →The Decentralized Finance (DeFi) sector is down
IOTA is part of the Decentralized Finance (DeFi) sector, which is −2.7% today. IOTA is moving with its sector.
Decentralized Finance (DeFi) sector →Trading is quieter than usual
Volume is running at about 57% of the 30-day average. Moves on thin volume often reverse more easily.
Weak month
IOTA is −12% this week and −25% 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 IOTA positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring IOTA
faq
Questions
Why is IOTA down today?
IOTA (IOTA) is down 2.0% in the last 24 hours, trading at $0.0393. The whole crypto market is −2.9%, so this is mostly a market-wide move. It usually moves with Bitcoin, which is −3.2% today.
Will IOTA go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: IOTA is −12.47% over 7 days and −25.45% 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, IOTA'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.