AVAX Drops 28% in Four Weeks, Underperforming Bitcoin and Ether
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Avalanche’s AVAX declined 28% over four weeks, outpacing losses in Bitcoin and Ether over the same period.
AVAX has fallen 28% over the past four weeks, giving back an earlier stretch of relative strength against the two largest cryptocurrencies.
Over the comparable period, Bitcoin declined 11.3%, while Ether dropped 16%, according to figures reported by The Defiant.
The moves show AVAX facing heavier selling pressure than both Bitcoin and Ether during the period, reversing its previous relative outperformance.
Source: The Defiant
