Cryptocurrency Avalanche Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Avalanche (AVAX) has seen a decrease of 3.27% in its price over the past 24 hours, continuing a downward trend of -2.0% over the past week. The trading volume for the coin has decreased by 20.0% over the past week, while the overall circulating supply of the coin has decreased by 0.56% to over 354.57 million. The current market cap ranking for AVAX is #23 at $3.33 billion.
October 11, 2023 | 3:00 pm
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Avalanche (AVAX) has seen a decrease in price, trading volume, and circulating supply, indicating a potential bearish trend in the short term.
The decrease in price, trading volume, and circulating supply for Avalanche (AVAX) suggests a bearish trend. Lower trading volume could indicate less interest in the asset, while a decrease in circulating supply could suggest a lower liquidity. These factors combined with the price decrease could lead to a negative short-term impact on the asset.
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