NEAR Protocol
Why NEAR Protocol is down 4.0% today
Analysis
NEAR Protocol (NEAR) fell about 4.0% over the past 24 hours as broader crypto market sentiment weakened during a market rout, reducing risk appetite across altcoins. Cointelegraph noted that Google search interest for βcryptoβ is hovering near a yearly low alongside the selloff, signaling diminished retail engagement that can pressure prices across the market, including NEAR.
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.