Algorand falls 7.77% to $0.088 amid risk-off and CLARITY Act failure
- —ALGO fell 7.77% over 24 hours to $0.088, down 12.4% over the week
- —Trading volume is 163% above the 30-day average
- —Total crypto market capitalization fell 3.8% to $2.59 trillion
- —The price is 8.5% below its SMA-200, with RSI at 46.1
Why it matters: The drop is systemic rather than Algorand-specific: the asset is following the broad risk-off move, with $0.088 the key support level.
Source: DiarioBitcoin