Avalanche’s AVAX ‘Breakout Finally Happened’ After 30% Monthly Price Jump

Description

Avalanche’s AVAX token rallied 30% in the past month, showing strong momentum and outperforming bitcoin (BTC), which rose around 13.4% over the same period. In the last 24-hour period, AVAX’s price dipped around 0.5% to $23.63, but moving the timeline to 30 days shows a major 30.3% rise, slightly outperforming the wider crypto market as measured by the CoinDesk 20 ( CD20 ) index, which rose 30.1%. During the rise, AVAX’s volatility was accompanied by above-average volume, according to CoinDesk R...