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Avalanche ($AVAX) Crypto Forecast: Down 5.1% Today

Morpher AI identified a bearish signal. The crypto price may continue to fall based on the momentum of the negative news.

What is Avalanche?

AVAX is a cryptocurrency token associated with the Avalanche platform, acclaimed for its high-performance blockchain network. The crypto market has recently shown volatility, with various tokens witnessing fluctuations due to regulatory updates and market sentiment.

Why is Avalanche going down?

AVAX crypto is down 5.1% on Jun 4, 2025 20:20

  • AVAX saw a downward trend after the SEC postponed the approval of Exchange Traded Funds (ETFs) connected to Avalanche.
  • The ETF approval delay caused uncertainty among investors, resulting in a sell-off of AVAX and other tokens like Cardano (ADA).
  • Regulatory measures, such as ETF approval postponements, can influence the credibility and adoption of cryptocurrencies, affecting market trends.
  • Investors holding AVAX should stay updated on regulatory changes as they could have a significant impact on the token's value in the immediate future.

AVAX Price Chart

AVAX Technical Analysis

AVAX News

ADA and AVAX share bearish outlooks after the SEC delays ETFs

Cardano (ADA) and Avalanche (AVAX) are down 5% to 8% in the last 24 hours, respectively, at press time on Friday, in the aftermath of the US Securities and Exchange Commission (SEC) delaying the decission over the Cardano and Avalanche Exchange Traded Funds (ETFs) filings on Wednesday.

https://www.fxstreet.com/cryptocurrencies/news/ada-and-avax-share-bearish-outlooks-after-the-sec-delays-etfs-202505300903

0 News Article Image ADA and AVAX share bearish outlooks after the SEC delays ETFs

SEC Delayed Cardano and Avalanche Spot ETFs Amid Review

SEC Delayed Cardano and Avalanche Spot ETFs Amid Review

https://www.coingabbar.com/en/crypto-currency-news/sec-delayed-cardano-and-avalanche-spot-etfs-amid-review

1 News Article Image SEC Delayed Cardano and Avalanche Spot ETFs Amid Review

Avalanche Price History

04.05.2025 - AVAX Crypto was down 5.1%

  • AVAX saw a downward trend after the SEC postponed the approval of Exchange Traded Funds (ETFs) connected to Avalanche.
  • The ETF approval delay caused uncertainty among investors, resulting in a sell-off of AVAX and other tokens like Cardano (ADA).
  • Regulatory measures, such as ETF approval postponements, can influence the credibility and adoption of cryptocurrencies, affecting market trends.
  • Investors holding AVAX should stay updated on regulatory changes as they could have a significant impact on the token's value in the immediate future.

29.04.2025 - AVAX Crypto was down 5.0%

  • The bearish movement in AVAX today could be attributed to the delay in the SEC's review of Cardano and Avalanche Spot ETFs. Regulatory uncertainties often lead to market uncertainty and can trigger sell-offs.
  • The discovery of self-spreading malware in privacy crypto Dero may have raised concerns about security within the cryptocurrency space, causing investors to be more cautious and potentially impacting AVAX negatively.
  • On a positive note, the news of New Jersey's Bergen County tokenizing $240B in real estate deeds on the Avalanche network could bring more attention and adoption to the platform in the long term, despite the short-term bearish movement.
  • The mixed sentiment in the market, with analysts turning bullish on Avalanche while AVAX experienced a bearish movement, could indicate a divergence in opinions among investors, leading to fluctuations in the token's price.

23.04.2025 - AVAX Crypto was up 5.1%

  • AVAX surged as high as $25.74 as investor confidence grew due to two major developments in the ecosystem, including partnerships with FIFA and VanEck.
  • The collaboration with FIFA to launch a custom blockchain on Avalanche for global digital fan engagement likely contributed to the positive sentiment and price momentum.
  • The emergence of a new crypto presale stealing the spotlight from Avalanche and Fantom did not seem to deter AVAX's bullish trend, indicating strong market interest in the project's partnerships and developments.

23.04.2025 - AVAX Crypto was down 5.1%

  • AVAX experienced a strong bearish movement despite positive developments and investor confidence.
  • The launch of a multi-purpose blockchain by FIFA on the Avalanche platform could have initially boosted AVAX's price.
  • However, the massive gains and selling of over 120 million tokens by Ruvi AI might have triggered profit-taking and led to the bearish movement.
  • The market sentiment towards AVAX seems to be influenced by a mix of positive developments and profit-booking strategies, resulting in the downward price trend today.

23.04.2025 - AVAX Crypto was down 5.8%

  • The downward movement in AVAX today may be due to investors taking profits following a period of price growth.
  • Despite recent positive developments such as the launch of Blockchain on Avalanche by FIFA and an endorsement from VanEck, a change in market sentiment could have resulted in a sell-off.
  • The emergence of other potential top-performing cryptocurrencies in the future might have diverted attention and funds from AVAX, impacting its price negatively.
  • It is crucial to observe how AVAX reacts to market changes and news updates in the upcoming days to assess its future performance accurately.

26.04.2025 - AVAX Crypto was up 6.0%

  • AVAX experienced a strong bullish movement possibly fueled by network upgrades and positive sentiment towards the cryptocurrency.
  • Comments on Avalanche's growth potential in the market and its progress towards certain price targets may have boosted investor confidence.
  • The increasing momentum around Avalanche, as it approaches a higher ranking, likely attracted more attention and investment to AVAX.
  • Amidst notable performances from other cryptocurrencies like Chainlink, Avalanche's distinctive attributes and recent advancements appear to have positioned it favorably, propelling its bullish trend.

26.04.2025 - AVAX Crypto was up 5.2%

  • AVAX surged today due to positive market sentiment and increased interest in altcoins as Bitcoin approaches its all-time high.
  • The network upgrades likely boosted confidence in AVAX, attracting more investors to the token.
  • Speculation about AVAX's future price targets may have contributed to the bullish movement as traders anticipated further gains.
  • The growing momentum and potential rise in rankings added to the positive outlook for AVAX, driving up its price.

26.04.2025 - AVAX Crypto was up 7.2%

  • AVAX experienced a strong bullish movement today, likely driven by the increasing momentum and positive sentiment surrounding the Avalanche platform.
  • The development of Avalanche securing a top 13 position in the cryptocurrency market might have attracted more investors seeking promising projects.
  • A viral giveaway by Web3 ai could have played a role in the bullish movement, generating excitement and directing focus towards AVAX.
  • The rise in blockchain fees for AVAX, alongside retail investors quietly exiting, could indicate a shift in market dynamics, potentially leading to a short-term price surge due to demand surpassing supply.

25.04.2025 - AVAX Crypto was down 5.0%

  • AVAX saw a downward trend despite several positive developments and growing momentum in the Avalanche ecosystem.
  • A notable $777K giveaway by Web3 ai may have given AVAX a temporary price boost, but a subsequent decline may have been due to retail investors cashing out.
  • The uptick in blockchain fees on the Avalanche network might have discouraged some retail investors, adding to the selling pressure on AVAX.
  • Although the launch of Blockchain by FIFA on Avalanche could have positive future implications for the network, the initial market response to AVAX was negative, possibly influenced by general market sentiment or profit-taking activities.

24.04.2025 - AVAX Crypto was down 10.1%

  • The increase in blockchain fees for AVAX might have deterred retail investors, leading to a quiet exit from the market.
  • Despite the partnership with FIFA for blockchain integration, the overall sentiment towards AVAX was impacted negatively, possibly due to the fee hike.
  • The positive news about AVAX being one of the top crypto gainers for potential returns in 2025 did not seem to have an immediate effect on the market movement today.
  • The embrace of AVAX by FIFA and VanEck may have initially boosted the price, but the bearish movement suggests that other factors outweighed this positive development, possibly related to the increased fees and investor exits.

30.04.2025 - AVAX Crypto was down 8.5%

  • AVAX experienced a bearish movement following the delay in approving ETF filings for Cardano (ADA) and Avalanche (AVAX) by a regulatory organization.
  • The regulatory uncertainty regarding the approval of ETFs has had a negative impact on investor confidence in AVAX and ADA, resulting in a decrease in their prices.
  • Despite recent developments, the tokenization of real estate deeds in New Jersey's Bergen County on the Avalanche network could potentially enhance the utility and adoption of AVAX in the future.
  • The discovery of self-spreading malware in Dero, another privacy-focused cryptocurrency, underscores the significance of security in the cryptocurrency sector. This may have contributed to the overall market uncertainty and influenced AVAX's bearish movement.

24.04.2025 - AVAX Crypto was down 5.4%

  • AVAX experienced a bearish movement despite being featured in a $777K giveaway and FIFA launching Blockchain on Avalanche for a revolutionary fan experience.
  • The increase in blockchain fees for AVAX might have led to retail investors quietly exiting their positions, putting downward pressure on the token's price.
  • Although AVAX was mentioned as a top crypto gainer for potential returns in 2025, the current market sentiment and fee concerns likely overshadowed this long-term outlook, contributing to the bearish movement.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.