AVAX falls 3.65% to $7.25 after CLARITY Act fails
- —AVAX trades at $7.25, down 3.65% over 24 hours
- —Volume of $374 million is 18.25% above the 30-day average
- —Outflows from BTC and ETH ETFs totaled $592 million on September 15
- —Price is below the 200-day SMA ($8.00), RSI at 47.1, a neutral-to-weak trend
Why it matters: The altcoin's decline coincided with systemic ETF outflows rather than protocol issues, so the market reaction may be short-lived.
Source: DiarioBitcoin