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06/20 09:20

Avalanche [AVAX] dipped 9.50% on the 19th of June.

Avalanche [AVAX] dipped 9.50% on the 19th of June. This bearish outlook appears to be driven by ongoing geopolitical tensions, the broader market trend, and the breakdown of a major support level.  At press time, AVAX tanked 9.50% over the past 24 hours and was trading at $6.07. Despite the sharp price decline, the asset’s trading volume recorded a sudden spike, indicating strong participation from market participants. This surge in activity suggests that traders are actively following the current trend, further reinforcing AVAX’s bearish momentum.  The decline was likely influenced by the postponement of U.S.-Iran talks following fresh attacks in Lebanon, which turned the crypto market down 2.66%. 

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