NEAR Protocol

Internet Computer

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.

Asia Morning Briefing: MSFT, Meta Soar on Strong AI Earnings, But Crypto AI Tokens Fail to Follow

NEAR Protocol (NEAR) staged a modest intraday recovery during the final 60 minutes of trading on July 30, inching from $2.62 to a session high of $2.63 before settling back at $2.62.

NEAR Inches Higher in Final Hour as DeFi Catalysts Clash With Bearish Momentum

NEAR Protocol registered a 3% decline from $2.84 to $2.75 throughout the 24-hour period, with valuations consolidating within a $0.18 bandwidth before pronounced terminal-hour liquidation catalysed a breach through established support parameters.

NEAR Protocol Retreats 3% Amid Liquidation Cascade

EAR Protocol saw pronounced volatility over the 24-hour period from July 27 at 15:00 to July 28 at 14:00 UTC, fluctuating within a 5% range between $2.88 and $3.01. The token initially rallied from $2.90 to a high of $3.01 by 09:00 UTC on July 28, encountering firm resistance at that level.

NEAR Slides 4% After Hitting Resistance, Signaling Bearish Reversal

NEAR Protocol bounced 0.7% between 11:10 and 12:09 UTC on Thursday, erasing a brief $2.77 dip in a volatile trading window marked by sudden institutional inflows. The token whipsawed from $2.79 to $2.77 before reclaiming session highs, highlighting a two-phase move characterized by consolidation near $2.78, followed by a selloff and swift recovery.

NEAR Rallies 6.9% as Bulls Reclaim Control After Overnight Selloff

NEAR experienced notable price volatility over the 24-hour period ending July 24 at 15:00, with its token trading between $2.59 and $2.83. The sharp drop from $2.82 to $2.59 during early morning hours prompted high-volume trading of 7.91 million units, establishing a technical support level at the session low.

NEAR Protocol Rebounds 9% as Investors Capitalize on Market Dislocation

NEAR Protocol endured a turbulent 24-hour stretch between July 22 15:00 and July 23 14:00, declining from $2.97 to $2.81 in a 5.41% move that underscored broader weakness across the altcoin complex.

NEAR Protocol Slides 5% as Altcoin Season Abruptly Ends

NEAR Protocol slid sharply on Monday as intense selling pressure gripped the market, with the token breaking critical support levels despite surging trading volumes. The retreat comes as Bitcoin shows renewed strength, overshadowing last week's “altcoin season” that saw smaller tokens briefly outperform the leading cryptocurrency.

NEAR Slumps as Bitcoin Regains Strength, Ending Altcoin Surge

Unity Wallet is rolling out new features powered by NEAR Protocol, including a soon-to-launch AI Assistant aimed at making crypto tools easier to use for beginners and experts alike.

Unity Wallet Taps NEAR to Launch AI Assistant and Web3 Tools

NEAR Protocol posted a sharp rally on July 17-18, surging 11.6% from $2.81 to a session high of $3.04 before settling at $2.84.

NEAR Protocol Jumps 12% as AI Sector Takes Flight

Ethereum

Institutional demand for Ethereum is surging among Wall Street firms amid the refocusing and restructuring of the Ethereum Foundation.

Ethereum ETF holdings hit all-time high near 5 million ETH as record inflows drive price over $3,400

NEAR Protocol exhibited pronounced bullish momentum over the past 24 hours, ascending from $2.60 to $2.68.

NEAR Surges 8% as Altcoins Turn Bullish

NEAR lost 3% of its value on Tuesday after demonstrating an impressive recovery at 13:00 UTC, rising from $2.54 to $2.56 in a move that nullified the previous drawdown.

NEAR Protocol Suffers 3% Decline Before Recovering on Significant Volume

NEAR rallied by 6.7% in the past 24 hours as altcoins begin to heat up following bitcoin's fresh record high at $123,000.

NEAR Surges 7% in Strong Bullish Recovery Rally

NEAR traders are demonstrating bullish sentiment over the past 24 hours, with the token advancing from $2.26 to a session high of $2.38 before settling near $2.34.

NEAR Protocol Gains 5% Amid Surge in Trading Volume

NEAR Protocol posts 5% gains in the 24-hour period ending 9 July 15:00, closing at $2.27 despite heavy volatility.

NEAR Surges 5% Despite Volatile Trading as Grayscale Adds Token

NEAR Protocol rallies 3% in 24-hour session ending July 8 at 14:00 UTC. Token climbs from $2.12 low to $2.19 close.

NEAR Surges 3% After Testing Key Support at $2.13

The cryptocurrency market is showing signs of renewed strength as NEAR Protocol broke through a key resistance level during the final trading hour of July 7. The decisive move came on exceptional volume that was 61% higher than the daily average, confirming the validity of the breakout from an ascending triangle pattern that had been forming throughout the day.

NEAR Protocol Surges Past $2.19 Resistance on 61% Volume Spike

AI-focused NEAR token slumped by 5% on Friday despite the launch of Bitwise's NEAR exchange-traded product (ETP).

NEAR Protocol Plunges 5% as Resistance Holds, Bitwise ETP Launches

AI-focused NEAR token halted its 10% rally on Thursday as traders began to take profits from a rally that was spurred by Bitwise's announcement that it is launching a NEAR exchange traded product (ETP) in Germany.

NEAR Protocol Surges 10% Before Profit-Taking Halts Rally

AI-focused NEAR token rose by 7.6% on Wednesday following an announcement from fund manager Bitwise on a NEAR staking exchange-traded product (ETP).

NEAR Protocol Surges 8% as Bitwise Launches New Staking ETP

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

CoinDesk 20 Performance Update: NEAR Protocol Rises 3.8% as Index Trades Higher

AI-focused NEAR token is down by 2% on Tuesday to reflect broader altcoin market weakness and a negative response to a governance proposal by trading firm DWF Labs.

NEAR Protocol Falls 2% as Support Level Faces Critical Test

The cryptocurrency market is feeling the effects of broader uncertainty in equities as NEAR Protocol dropped 5.01% from $2.16 to $2.06 during the 24-hour period from June 25 to June 26.

NEAR Tumbles 5% as Altcoin Market Fails to Sustain Rally

The cryptocurrency market turned green over the past 24 hours from 24 June 15:00 to 25 June 14:00, with the global market cap increasing by 2.2% to $3.37 trillion.

News for NEAR Protocol Crypto (NEAR)