Data suggests Avalanche’s (AVAX) rally was a buy the rumor, sell the news event

Data suggests Avalanche’s (AVAX) rally was a buy the rumor, sell the news event

Market Analysis
January 22, 2023 by secret
111
[ad_1] Avalanche (AVAX) came into the spotlight early at the beginning of 2023 by adding its blockchain support to Amazon Web Services (AWS) cloud. However, empirical and on-chain analysis suggests that Avalanche’s price surge is likely due to a broader cryptocurrency market pump which will likely end with the rest of the market. Is Avalanche’s