Avalanche Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Avalanche (AVAX) has seen a 4.89% price decrease in the past 24 hours, contrasting with its 11.0% uptrend over the past week. Trading volume has fallen 20.0% over the past week, with a slight decrease in circulating supply. AVAX's market cap is currently $11.13 billion, ranking it #13.
July 02, 2024 | 3:01 pm
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NEGATIVE IMPACT
Avalanche (AVAX) has experienced a 4.89% price drop in the last 24 hours, despite an 11.0% increase over the past week. Trading volume has decreased by 20.0%, and the circulating supply has slightly decreased. AVAX's market cap is $11.13 billion, ranking it #13.
The significant short-term price drop of 4.89% and the 20.0% decrease in trading volume indicate a bearish sentiment in the market for AVAX. Despite the weekly uptrend, the immediate impact is likely negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100