Avalanche$AVAX is down 1.26% to $8.72 in 24h, closely tracking a broader market decline driven by persistent risk-off sentiment. The move is primarily driven by beta-driven selling pressure as capital retreats from altcoins.

Primary reason: Market-wide risk-off sentiment, with AVAX moving in lockstep with Bitcoin's 1.34% drop.

Secondary reasons: Oversold technical conditions and negative social sentiment highlighting near-term risks like token unlocks.

AVAX
AVAX
9.08
-2.15%

#AVAX #CZAMAonBinanceSquare #CZAMAonBinanceSquare #USNFPBlowout #TrumpCanadaTariffsOverturned