AL

Algorand

ALGO 24 Hour Move
-4.90%
$0.11 → $0.10

Why Algorand is down 4.9% today

Analysis

Algorand (ALGO) fell 4.9% over the past 24 hours despite recent attention on altcoins as Bitcoin pushed above $69K. Decrypt reported that ALGO was among tokens highlighted in ETF-flow-driven altcoin strength, but the move lower suggests that momentum from those flows did not persist through the day, leading to a pullback from prior gains.

Contributing Factors (1)

#1
Decrypt ETF Flows 1 day ago

Algorand, Stable Lead Double-Digit Altcoin Surge as Bitcoin Tops $69K

Experts cite portfolio rebalancing and geopolitical easing as driving the crypto market rally, though caution persists.

Confidence
69%
Read source

Move Details

Asset Algorand
Symbol ALGO
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $0.11
End Price $0.10
Change -4.90%
Detected Apr 2, 2026 12:10 PM

Explanation Confidence

69%

Moderate confidence. Multiple factors may be contributing.