Why Investors May Want to Buy the 8% Dip in Avalanche Crypto Today
Today, investors in Avalanche (CRYPTO: AVAX) are seeing some pretty consistent declines. Over the past 24 hours, the AVAX token had dropped more than 8% as of 1:30 p.m. ET on Wednesday.
Today's move is a continuation of yesterday's decline, which has seen AVAX drop from its high of more than $146 per token on Monday, to around $117 at the time of this writing.
This decline comes on the heels of a widespread crypto market sell-off that many are linking to today's news that India is moving forward with a bill to officially ban cryptocurrencies in that key market.
Source Fool.com
