TREE NEWS reports: AVAX dropped 28% over the past four weeks, underperforming bitcoin’s 11.3% decline and ether’s 16% drop over the same period. The move reverses AVAX’s earlier relative outperformance against the two larger tokens.
AVAX Falls 28% in Four Weeks, Lagging Bitcoin and Ether
The significance here is relative, not absolute: AVAX is falling alongside the broader market but at a steeper rate, and the reversal of its earlier outperformance suggests the rotation that once favored it has turned. That matters most for holders concentrated in smaller-cap altcoins, where drawdowns tend to amplify. Whether this is a temporary giveback of prior gains or the start of a longer de-rating is the open question, and the spread between AVAX and the two majors is the metric worth tracking.
Generated by AI for reference only.
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