AVAX is positioned for potential short-term gains due to Bitcoin’s movement near 83,000 USD and GameStop’s announcement to hold Bitcoin as a treasury asset.
As Bitcoin holds steady at 83,000 USD, institutional interest grows. GameStop’s decision has led to a new record in Open Interest, indicating market strength and bullish sentiment.
With increased adoption and lower transaction fees, AVAX addresses and transactions surged, offering a promising long-term outlook as AVAX’s performance remains closely tied to Bitcoin’s momentum.
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