NEAR Protocol
Why NEAR Protocol is down 1.0% in the last hour
Analysis
NEAR Protocol (NEAR) dipped about 1.0% over the past hour as the broader market stayed subdued, with CoinDesk noting BTC holding steady near $65,000—often a backdrop that limits upside and can leave altcoins drifting lower on light momentum. Separately, CryptoNews highlighted weak institutional appetite and falling on-chain activity in crypto markets via near-zero XRP ETF inflows, reinforcing a softer risk tone that can weigh on majors and altcoins alike.
Contributing Factors (2)
Live updates: ZachXBT calls hardware wallets complete garbage; BTC steady near $65,000
Blockchain investigator ZachXBT came down heavily on hardware wallets. BTC traded steady near $65,000 after South Korea's rate hike.
Ripple XRP ETF Inflows Near Zero as Institutional Demand and On-Chain Activity Fall Together
XRP ETF daily inflows crashed to $107K on July 10 as institutional demand and on-chain activity hit multi-month lows, leaving price propped up by cold-storage holders. The post Ripple XRP ETF Inflows...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.