why / kas

Why is Kaspa down today?

−4.58% 24h
Short answer

Kaspa (KAS) is down 4.6% in the last 24 hours, trading at $0.0339. That is 2.1% worse than the whole crypto market (−2.4%), so part of the move is specific to Kaspa. Its sector, Layer 1 (L1), is −2.3% today.

· from live market data
KAS 24h−4.58%
Whole market 24h−2.44%
Bitcoin 24h−2.55%
Link to BTC (30d)-0.20
Volume vs normal—
Layer 1 (L1) sector−2.29%
signals

What is moving Kaspa

Strongest signals first.

Doing worse than the market

The total crypto market is −2.4% in 24 hours. KAS is −4.6%, 2.1% worse than the market, so part of the move is specific to Kaspa.

Why is the crypto market moving? →

The Layer 1 (L1) sector is down

Kaspa is part of the Layer 1 (L1) sector, which is −2.3% today. KAS is moving with its sector.

Layer 1 (L1) sector →

Lowest price in 30 days

KAS at $0.0339 is below every daily close of the past month (previous low $0.0351). Breaking a recent low can trigger stop-loss selling.

Moving on its own, not with Bitcoin

Over the last 30 days, KAS's daily moves had a -0.20 correlation with Bitcoin (1 means identical direction). That is low: KAS has mostly moved on its own lately, while Bitcoin is −2.5% today.

Bitcoin price →

Weak month

KAS is −10% this week and −22% 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 →
VIP

Liquidations, funding and open interest

See whether leveraged traders are being forced out of KAS positions right now, on the chart, in the Blockdeck app.

See VIP layers →
next

Keep exploring Kaspa

faq

Questions

Why is Kaspa down today?

Kaspa (KAS) is down 4.6% in the last 24 hours, trading at $0.0339. That is 2.1% worse than the whole crypto market (−2.4%), so part of the move is specific to Kaspa. Its sector, Layer 1 (L1), is −2.3% today.

Will Kaspa go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: KAS is −10.33% over 7 days and −21.68% 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, KAS'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.