AVAX Soars Following AWS Partnership; Yuga Labs Announces Skill-Based Mint

Daily Top Mover — Avalanche (AVAX)

Major U.S. equity continued with the rebound as Nasdaq 100 notched a four-day win streak. The consensus forecast for Thursday’s CPI report is a month-on-month decline, where investors anticipate the slowing down of rate hiking and the potential easing of financial conditions. Meanwhile, the broader cryptocurrency market followed the footstep of equities, with Bitcoin up 3.67%, in the past 24 hours, flipping $18k for the first time since mid-December. Altcoins chalked off massive gains, most of which increased more than 5% in the past 24 hours. The top mover for today, AVAX, which registered a 24-hour return of 25.11%, as of the time of writing, has outperformed the market, due to a newly announced partnership with Amazon Web Services (AWS).