AVAX Rises 3% in V-Shaped Recovery, Defies Middle East Uncertainty

Avalanche’s token AVAX has gained 3.1% in the last 24 hours and appears to be undergoing a V-shaped recovery even as the war between Iran and Israel continues, according to CoinDesk research’s technical analysis model.The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, memecoins and exchange coins — has risen 3.6% in the same period of time source: https://www.coindesk.com/markets/2025/06/16/avax-rises-3-in-v-shaped-recovery-defies-middle-east-uncertainty