NEAR Protocol
Why NEAR Protocol is up 1.1% in the last hour
Analysis
NEAR Protocol (NEAR) rose 1.1% over the past hour, likely reflecting a modest bounce as broader crypto sentiment remains subdued. Cointelegraph reported that Google search interest for “crypto” is hovering near a yearly low amid a market rout, suggesting the move wasn’t driven by a surge in retail attention but rather a small, market-wide fluctuation within a weak-demand backdrop.
Contributing Factors (1)
Google search volume for 'crypto' hovers near yearly low amid market rout
Investor sentiment in crypto is now at the same level it was during the 2022 Terra-LUNA crash that sent shockwaves through the crypto market.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.