NEAR Protocol

NEAR 24 Hour Move

-5.04%

$1.19 → $1.13

Why NEAR Protocol is down 5.0% today

Analysis

NEAR Protocol (NEAR) fell about 5% over the past 24 hours amid a broader market risk-off tone, as attention shifted toward bitcoin-linked equities rather than altcoins. CoinDesk reported JPMorgan’s view that January’s rally improves the near-term outlook for bitcoin mining stocks, which may have pulled marginal flows toward BTC-related plays and away from tokens like NEAR.

Contributing Factors (1)

CoinDesk Regulatory 2 weeks ago

January rally bolsters near-term outlook for bitcoin mining stocks, JPMorgan says

Shares of mining companies rose last month despite softer bitcoin prices as storms cut the network hashrate and AI optimism grew, the bank said.

Confidence

72%

Read source

Move Details

Asset NEAR Protocol

Symbol NEAR

Direction ↓ Bearish

Timeframe 24 Hours

Start Price $1.19

End Price $1.13

Change -5.04%

Detected Feb 5, 2026 9:10 AM

Explanation Confidence

72%

High confidence in the explanation based on source reliability and timing.

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