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Why Is Avalanche (AVAX) Holding Up in This Crypto Crash?

Why Is Avalanche (AVAX) Holding Up in This Crypto Crash?

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Avalanche (CRYPTO:AVAX) has lost 9.1% over the past week, significantly better than Bitcoin’s (CRYPTO:BTC) 13%, Ethereum’s (CRYPTO:ETH) 17.6%, and Solana’s (CRYPTO:SOL) 18.9% drop. The trend has continued over the last 14 days, with AVAX down only 12.3%, compared to Bitcoin’s 15.7%, Ethereum’s 19.2%, and Solana’s 23.9%.

However, AVAX has dropped 10.9% in just 24 hours, bringing its price down to around $7.49. That takes it below its lowest daily close in 30 days, about $7.93 on November 8. Overall, AVAX has declined 25.1% over the past month and remains 94.8% below its all-time high…

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