NEAR Protocol
Why NEAR Protocol is down 2.0% in the last hour
Analysis
NEAR fell about 2.0% over the past hour as broader crypto market sentiment weakened, with risk appetite likely pressured during a market rout. Cointelegraph noted that Google search interest for “crypto” is hovering near a yearly low, signaling reduced retail attention that can weigh on altcoins like NEAR in the short term.
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.