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Showing posts with the label avalanche

Avalanche (AVAX) Faces Big Price Dip After ETF Hype Rally

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Avalanche (AVAX) is facing a steep price correction today, Sept. 25, 2025. According to CoinGecko data, AVAX’s price has fallen 7.6% in the last 24 hours and 5.3% over the previous week. Despite the dip, the asset has maintained some of its gains from the upswing earlier, rallying 7.8% in the 14-day charts, 33.7% in the monthly charts, and 11.9% since September 2024. Avalanche’s recent rally was likely due to ETF applications. Source: CoinGecko Is Avalanche’s ETF Hype Dying? Source: Cryptoast While the ETF application news may have propelled AVAX’s price, it was not enough to maintain the price level. Investors may have eventually come under market sell pressure, booking profits after AVAX hit $35. The latest market dip could be due to uncertainties around the Federal Reserve’s monetary policy. Although the Federal Reserve rolled out its first interest rate cut of 2025, the crypto market continues to slump. Investors are likely moving their funds to gold, w...

Avalanche Defies Trend, Rallies 19% Amid Market Correction

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The cryptocurrency market seems to be slacking, despite an interest rate cut from the Federal Reserve. Bitcoin (BTC) is facing substantial resistance at the $117,000 price point, and most other assets are trading in the red zone today. However, Avalanche (AVAX) seems to be defying the market trend, registering rallies across all time frames. According to CoinGecko data, AVAX has risen 5.1% in the last 24 hours, 19.7% in the weekly charts, 38.9% in the 14-day charts, and 51.3% over the previous month. Let’s discuss why AVAX is rallying and if the rally will continue. Source: CoinGecko What’s Behind Avalanche’s Rally and Will it Sustain? Source: Binance Academy There are a few reasons why Avalanche (AVAX) may be defying the currency market trend. Firstly, the rally could be due to Bitwise submitting an S1 filing to the SEC for an Avalanche ETF. Crypto-based ETFs have seen substantial inflows over the last few months. Bitcoin (BTC) and Ethereum (ETH) have both hit new all...