why / mina

Why is Mina Protocol down today?

−7.88% 24h
Short answer

Mina Protocol (MINA) is down 7.9% in the last 24 hours, trading at $0.0586. Its sector, Zero Knowledge (ZK), is −8.2% today. That is 3.5% worse than the whole crypto market (−4.3%), so part of the move is specific to Mina Protocol.

· from live market data
MINA 24h−7.88%
Whole market 24h−4.35%
Bitcoin 24h−4.83%
Link to BTC (30d)0.51
Volume vs normal0.3×
Zero Knowledge (ZK) sector−8.16%
signals

What is moving Mina Protocol

Strongest signals first.

The Zero Knowledge (ZK) sector is down

Mina Protocol is part of the Zero Knowledge (ZK) sector, which is −8.2% today. MINA is moving with its sector.

Zero Knowledge (ZK) sector →

Doing worse than the market

The total crypto market is −4.3% in 24 hours. MINA is −7.9%, 3.5% worse than the market, so part of the move is specific to Mina Protocol.

Why is the crypto market moving? →

Partly follows Bitcoin

Over the last 30 days, MINA's daily moves had a 0.51 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −4.8% today.

Bitcoin price →

Trading is quieter than usual

Volume is running at about 27% of the 30-day average. Moves on thin volume often reverse more easily.

Weak month

MINA is −19% this week and −60% 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 →
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Liquidations, funding and open interest

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

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Keep exploring Mina Protocol

faq

Questions

Why is Mina Protocol down today?

Mina Protocol (MINA) is down 7.9% in the last 24 hours, trading at $0.0586. Its sector, Zero Knowledge (ZK), is −8.2% today. That is 3.5% worse than the whole crypto market (−4.3%), so part of the move is specific to Mina Protocol.

Will Mina Protocol go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: MINA is −19.46% over 7 days and −60.14% 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, MINA'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.