Doing better than the market
The total crypto market is −4.7% in 24 hours. ONYC is +0.3%, 5.0% better than the market, so part of the move is specific to OnRe Tokenized Reinsurance.
Why is the crypto market moving? →
why / onyc
Is OnRe Tokenized Reinsurance up or down today?
OnRe Tokenized Reinsurance (ONYC) is roughly flat today at +0.3% over 24 hours. That is 5.0% better than the whole crypto market (−4.7%), so part of the move is specific to OnRe Tokenized Reinsurance. It is trading at or near its all-time high.
ONYC 24h+0.25%
Whole market 24h−4.73%
Bitcoin 24h−5.14%
Link to BTC (30d)-0.09
Volume vs normal—
Real World Assets (RWA) sector−2.35%
signals
What is moving OnRe Tokenized Reinsurance
Strongest signals first.
Within 0.6% of its all-time high
ONYC is trading at or near the highest price it has ever reached ($1.17). Every holder is in profit, so there is little selling from people waiting to break even.
Highest price in 30 days
ONYC is above every daily close of the past month (previous high $1.16). Breaking out of a range often draws in momentum buyers.
Moving on its own, not with Bitcoin
Over the last 30 days, ONYC's daily moves had a -0.09 correlation with Bitcoin (1 means identical direction). That is low: ONYC has mostly moved on its own lately, while Bitcoin is −5.1% today.
Bitcoin price →The Real World Assets (RWA) sector is down
OnRe Tokenized Reinsurance is part of the Real World Assets (RWA) sector, which is −2.3% today. ONYC is moving against its sector, which points to coin-specific news or trading.
Real World Assets (RWA) sector →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 ONYC positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring OnRe Tokenized Reinsurance
faq
Questions
Is OnRe Tokenized Reinsurance up or down today?
OnRe Tokenized Reinsurance (ONYC) is roughly flat today at +0.3% over 24 hours. That is 5.0% better than the whole crypto market (−4.7%), so part of the move is specific to OnRe Tokenized Reinsurance. It is trading at or near its all-time high.
Will OnRe Tokenized Reinsurance go back down?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: ONYC is +0.28% over 7 days and +0.88% 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, ONYC'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.