why / myx

Why is MYX Finance down today?

−11.01% 24h
Short answer

MYX Finance (MYX) is down 11% in the last 24 hours, trading at $0.0546. That is 7.7% worse than the whole crypto market (−3.3%), so part of the move is specific to MYX Finance. It is now at its lowest price in 30 days.

· from live market data
MYX 24h−11.01%
Whole market 24h−3.26%
Bitcoin 24h−3.52%
Link to BTC (30d)0.00
Volume vs normal—
signals

What is moving MYX Finance

Strongest signals first.

Doing worse than the market

The total crypto market is −3.3% in 24 hours. MYX is −11%, 7.7% worse than the market, so part of the move is specific to MYX Finance.

Why is the crypto market moving? →

Very active trading

MYX traded 36% of its market cap in the last 24 hours, far more than a typical coin. Something is drawing traders in.

Lowest price in 30 days

MYX at $0.0546 is below every daily close of the past month (previous low $0.0571). Breaking a recent low can trigger stop-loss selling.

Moving on its own, not with Bitcoin

Over the last 30 days, MYX's daily moves had a 0.00 correlation with Bitcoin (1 means identical direction). That is low: MYX has mostly moved on its own lately, while Bitcoin is −3.5% today.

Bitcoin price →

Weak month

MYX is −14% this week and −26% 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 MYX positions right now, on the chart, in the Blockdeck app.

See VIP layers →
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Keep exploring MYX Finance

faq

Questions

Why is MYX Finance down today?

MYX Finance (MYX) is down 11% in the last 24 hours, trading at $0.0546. That is 7.7% worse than the whole crypto market (−3.3%), so part of the move is specific to MYX Finance. It is now at its lowest price in 30 days.

Will MYX Finance go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: MYX is −13.50% over 7 days and −26.29% 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, MYX'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.