why / mcb

Why is MUX Protocol down today?

−1.72% 24h
Short answer

MUX Protocol (MCB) is down 1.7% in the last 24 hours, trading at $2.27. Its sector, Exchange-based Tokens, is −5.6% today. That is 2.8% better than the whole crypto market (−4.5%), so part of the move is specific to MUX Protocol.

· from live market data
MCB 24h−1.72%
Whole market 24h−4.49%
Bitcoin 24h−4.85%
Link to BTC (30d)0.12
Volume vs normal—
Exchange-based Tokens sector−5.62%
signals

What is moving MUX Protocol

Strongest signals first.

The Exchange-based Tokens sector is down

MUX Protocol is part of the Exchange-based Tokens sector, which is −5.6% today. MCB is moving with its sector.

Exchange-based Tokens sector →

Doing better than the market

The total crypto market is −4.5% in 24 hours. MCB is −1.7%, 2.8% better than the market, so part of the move is specific to MUX Protocol.

Why is the crypto market moving? →

Moving on its own, not with Bitcoin

Over the last 30 days, MCB's daily moves had a 0.12 correlation with Bitcoin (1 means identical direction). That is low: MCB has mostly moved on its own lately, while Bitcoin is −4.9% 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 →
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Liquidations, funding and open interest

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

See VIP layers →
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Keep exploring MUX Protocol

faq

Questions

Why is MUX Protocol down today?

MUX Protocol (MCB) is down 1.7% in the last 24 hours, trading at $2.27. Its sector, Exchange-based Tokens, is −5.6% today. That is 2.8% better than the whole crypto market (−4.5%), so part of the move is specific to MUX Protocol.

Will MUX Protocol go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: MCB is +0.20% over 7 days and −9.69% 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, MCB'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.