Avalanche Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Avalanche (AVAX) has seen a price decrease of 4.21% in the past 24 hours, continuing a week-long downward trend of 14.0%. Despite the price drop, trading volume has increased by 44.0% over the past week, while the circulating supply has slightly decreased. AVAX's current market cap is $12.35 billion, ranking it #13.
June 11, 2024 | 7:02 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Avalanche (AVAX) has experienced a 4.21% price drop in the past 24 hours, continuing a week-long decline of 14.0%. Despite the price decrease, trading volume has increased by 44.0% over the past week, while the circulating supply has slightly decreased.
The significant price drop of 4.21% in the past 24 hours and a 14.0% decline over the past week indicate a bearish trend for AVAX. The increase in trading volume suggests heightened market activity, but the overall sentiment remains negative due to the price decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100