NEAR Protocol
Why NEAR Protocol is down 6.3% today
Analysis
NEAR Protocol (NEAR) fell 6.3% over the past 24 hours as broader crypto market sentiment weakened during a market rout, weighing on altcoins alongside majors. Cointelegraph noted that Google search interest for “crypto” is hovering near a yearly low, signaling reduced retail attention and risk appetite that can exacerbate downside moves across the market.
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.