why / tnk

Why is Trac Network down today?

−12.43% 24h
Short answer

Trac Network (TNK) is down 12% in the last 24 hours, trading at $0.0847. That is 8.0% worse than the whole crypto market (−4.4%), so part of the move is specific to Trac Network. It is now at its lowest price this week.

· from live market data
TNK 24h−12.43%
Whole market 24h−4.44%
Bitcoin 24h−4.83%
Link to BTC (30d)0.02
Volume vs normal—
signals

What is moving Trac Network

Strongest signals first.

Doing worse than the market

The total crypto market is −4.4% in 24 hours. TNK is −12%, 8.0% worse than the market, so part of the move is specific to Trac Network.

Why is the crypto market moving? →

Lowest price this week

TNK dipped below its 7-day range (low $0.0922).

Moving on its own, not with Bitcoin

Over the last 30 days, TNK's daily moves had a 0.02 correlation with Bitcoin (1 means identical direction). That is low: TNK has mostly moved on its own lately, while Bitcoin is −4.8% today.

Bitcoin price →

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 →
VIP

Liquidations, funding and open interest

See whether leveraged traders are being forced out of TNK positions right now, on the chart, in the Blockdeck app.

See VIP layers →
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Keep exploring Trac Network

faq

Questions

Why is Trac Network down today?

Trac Network (TNK) is down 12% in the last 24 hours, trading at $0.0847. That is 8.0% worse than the whole crypto market (−4.4%), so part of the move is specific to Trac Network. It is now at its lowest price this week.

Will Trac Network go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: TNK is −24.86% over 7 days and −1.37% 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, TNK'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.