why / yec

Why is Ycash up today?

+5.29% 24h
Short answer

Ycash (YEC) is up 5.3% in the last 24 hours, trading at $0.2957. That is 4.4% better than the whole crypto market (+0.9%), so part of the move is specific to Ycash. Its sector, Privacy Coins, is +2.7% today.

· from live market data
YEC 24h+5.29%
Whole market 24h+0.88%
Bitcoin 24h+0.96%
Link to BTC (30d)-0.21
Volume vs normal—
Privacy Coins sector+2.66%
signals

What is moving Ycash

Strongest signals first.

Doing better than the market

The total crypto market is +0.9% in 24 hours. YEC is +5.3%, 4.4% better than the market, so part of the move is specific to Ycash.

Why is the crypto market moving? →

The Privacy Coins sector is up

Ycash is part of the Privacy Coins sector, which is +2.7% today. YEC is moving with its sector.

Privacy Coins sector →

Moving on its own, not with Bitcoin

Over the last 30 days, YEC's daily moves had a -0.21 correlation with Bitcoin (1 means identical direction). That is low: YEC has mostly moved on its own lately, while Bitcoin is +1.0% today.

Bitcoin price →

Weak month

YEC is −1.2% this week and −20% over 30 days, so today's move goes against the monthly trend.

Market mood: Fear (30)

The Crypto Fear & Greed Index reads 30 out of 100, unchanged from 30 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 YEC positions right now, on the chart, in the Blockdeck app.

See VIP layers →
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Keep exploring Ycash

faq

Questions

Why is Ycash up today?

Ycash (YEC) is up 5.3% in the last 24 hours, trading at $0.2957. That is 4.4% better than the whole crypto market (+0.9%), so part of the move is specific to Ycash. Its sector, Privacy Coins, is +2.7% today.

Will Ycash go back down?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: YEC is −1.19% over 7 days and −20.05% 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, YEC'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.