Doing better than the market
The total crypto market is −2.3% in 24 hours. RUNE is +10%, 13% better than the market, so part of the move is specific to THORChain.
Why is the crypto market moving? →
why / rune
Why is THORChain up today?
THORChain (RUNE) is up 10% in the last 24 hours, trading at $0.6669. That is 13% better than the whole crypto market (−2.3%), so part of the move is specific to THORChain. Trading volume is running at 3.8× its 30-day average.
RUNE 24h+10.36%
Whole market 24h−2.30%
Bitcoin 24h−2.41%
Link to BTC (30d)0.63
Volume vs normal3.8×
Exchange-based Tokens sector−2.13%
signals
What is moving THORChain
Strongest signals first.
Trading volume is 3.8× normal
At today's pace, RUNE trades about 3.8 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.
Partly follows Bitcoin
Over the last 30 days, RUNE's daily moves had a 0.63 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −2.4% today.
Bitcoin price →Highest price this week
RUNE pushed above its 7-day range (high $0.6320).
The Exchange-based Tokens sector is down
THORChain is part of the Exchange-based Tokens sector, which is −2.1% today. RUNE is moving against its sector, which points to coin-specific news or trading.
Exchange-based Tokens 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 RUNE positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring THORChain
faq
Questions
Why is THORChain up today?
THORChain (RUNE) is up 10% in the last 24 hours, trading at $0.6669. That is 13% better than the whole crypto market (−2.3%), so part of the move is specific to THORChain. Trading volume is running at 3.8× its 30-day average.
Will THORChain go back down?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: RUNE is +3.63% over 7 days and −10.50% 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, RUNE'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.