The Decentralized Finance (DeFi) sector is down
Numeraire is part of the Decentralized Finance (DeFi) sector, which is −6.0% today. NMR is moving with its sector.
Decentralized Finance (DeFi) sector →
why / nmr
Why is Numeraire down today?
Numeraire (NMR) is down 7.1% in the last 24 hours, trading at $9.36. Its sector, Decentralized Finance (DeFi), is −6.0% today. That is 2.6% worse than the whole crypto market (−4.5%), so part of the move is specific to Numeraire.
NMR 24h−7.06%
Whole market 24h−4.49%
Bitcoin 24h−4.85%
Link to BTC (30d)0.24
Volume vs normal0.6×
Decentralized Finance (DeFi) sector−6.01%
signals
What is moving Numeraire
Strongest signals first.
Doing worse than the market
The total crypto market is −4.5% in 24 hours. NMR is −7.1%, 2.6% worse than the market, so part of the move is specific to Numeraire.
Why is the crypto market moving? →Lowest price in 30 days
NMR at $9.36 is below every daily close of the past month (previous low $9.47). Breaking a recent low can trigger stop-loss selling.
Moving on its own, not with Bitcoin
Over the last 30 days, NMR's daily moves had a 0.24 correlation with Bitcoin (1 means identical direction). That is low: NMR has mostly moved on its own lately, while Bitcoin is −4.9% today.
Bitcoin price →Trading is quieter than usual
Volume is running at about 59% of the 30-day average. Moves on thin volume often reverse more easily.
Weak month
NMR is −12% this week and −16% 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 NMR positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring Numeraire
faq
Questions
Why is Numeraire down today?
Numeraire (NMR) is down 7.1% in the last 24 hours, trading at $9.36. Its sector, Decentralized Finance (DeFi), is −6.0% today. That is 2.6% worse than the whole crypto market (−4.5%), so part of the move is specific to Numeraire.
Will Numeraire go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: NMR is −12.33% over 7 days and −16.20% 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, NMR'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.