AVAX dipped more than 3% over the past week, while most cryptocurrencies – 148 of the 173 constituents of the broad-market CoinDesk Market Index (CMI) – gained in price. The CoinDesk20 Index (CD20), which tracks the performance of the largest and most liquid crypto assets, advanced 6% during the same period. At press time, AVAX changed hands at $38, some 23% lower than its December high.
U.S. PCE Inflation Rises To 2.9% YoY, Bitcoin Falls
The U.S. PCE inflation data have come in above expectations, signaling that inflation may be on the rise again. Bitcoin...
