Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund (HYBOND) is roughly flat today at +0.2% over 24 hours. That is 5.2% better than the whole crypto market (−5.0%), so part of the move is specific to Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund. It is trading at or near its all-time high.
Strongest signals first.
The total crypto market is −5.0% in 24 hours. HYBOND is +0.2%, 5.2% better than the market, so part of the move is specific to Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund.
Why is the crypto market moving? →HYBOND is trading at or near the highest price it has ever reached ($1.75). Every holder is in profit, so there is little selling from people waiting to break even.
HYBOND pushed above its 7-day range (high $1.73).
Over the last 30 days, HYBOND's daily moves had a -0.32 correlation with Bitcoin (1 means identical direction). That is low: HYBOND has mostly moved on its own lately, while Bitcoin is −5.5% today.
Bitcoin price →The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →See whether leveraged traders are being forced out of HYBOND positions right now, on the chart, in the Blockdeck app.
See VIP layers →Live price, candles, stats and market data
Think HYBOND turns down?Call it in Daily Calls and get scored in 24 hours
If you had bought HYBONDWhat a past purchase is worth today
Why is crypto moving today?The whole market, sectors and biggest movers
Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund (HYBOND) is roughly flat today at +0.2% over 24 hours. That is 5.2% better than the whole crypto market (−5.0%), so part of the move is specific to Tokenized BNY Mellon Global Short-Dated High Yield Bond Fund. It is trading at or near its all-time high.
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: HYBOND is +0.11% over 7 days and −0.21% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
From measured market data, refreshed every few minutes: the whole market's move, HYBOND'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.