Avalanche Decreases More Than 10% Within 24 hours

Avalanche's AVAX/USD price has decreased 10.56% over the past 24 hours to $21.04. This is contrary to the coins performance over the past week where it has experienced an up-trend of 63.0%, moving from $13.31 to its current price.

The chart below compares the price movement and volatility for Avalanche over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Avalanche's trading volume has climbed 255.0% over the past week along with the circulating supply of the coin, which has increased 0.06%. This brings the circulating supply to 355.60 million, which makes up an estimated 49.39% of its max supply of 720.00 million. According to our data, the current market cap ranking for AVAX is #13 at $7.47 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.