AAVE Falls 5.94% to $119.99 on CLARITY Act Failure, V4 Dispute
- —Price at $119.99, down 5.94% in 24 hours, daily low of $118.44
- —RSI at 48, stochastic at 7.4%, price below the 7-day SMA of $124.97 and 15-day SMA of $128.47
- —Volume of $285.18 million — 5.07% below the 30-day average
- —AAVE gained 66.36% over 90 days and 36.07% over 30 days
Why it matters: The CLARITY Act's failure is pressuring high-beta DeFi tokens, and the contentious V4 tokenomics could add further pressure on AAVE.
Source: DiarioBitcoin