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07.11 - 22:55
After a rousing performance in September, Avalanche lying low despite Bitcoin rally
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The month of October has been very fruitful for the likes of Bitcoin and some other alts. For some others, the market hasn’t been very rewarding. Avalanche falls under the latter category as despite making strides in other sectors the altcoin is not impressing anyone in the spot market.
Even though Bitcoin has risen by 13.8% this week, AVAX continued to remain consolidated within $58 and $54, changing by a mere -0.77%.
But it’s not just today, this whole month has been pretty lacklustre for AVAX. Since the beginning of October, it has come down by 17%, even though it was one of the only few coins to actually rise in September when others were falling.
Avalanche Price action | Source: TradingView – AMBCrypto
But it looks like that independent
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