Avalanche Decreases More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Avalanche (CRYPTO: AVAX) has seen a price drop of 5.97% in the past 24 hours, now at $17.09, despite a 32.0% gain over the past week. The trading volume has increased by 263.0%, while the circulating supply decreased by 0.12%. The current market cap is $6.09 billion, ranking AVAX at #15.
November 13, 2023 | 7:00 pm
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Avalanche (AVAX) has experienced a significant price decrease of 5.97% within the last 24 hours, despite a recent uptrend over the past week.
The sharp decrease in price over the past 24 hours is likely to have a negative impact on investor sentiment in the short term, especially considering the recent uptrend. The increase in trading volume indicates heightened activity that could either signal a potential rebound or further declines, depending on market perception and subsequent trading behavior.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100