Avalanche Price Hits Key Support as Crypto Sell-Off Continues

The AVAX price has taken a hit after the U.S. Senate failed to advance the Digital Asset Market Clarity Act in a 49-50 procedural cloture vote, putting it back at an important level.

The reaction has put AVAX back at its key $7 support, which must hold for the broader rally that started in June 2026 to remain intact.

If $7 holds, buyers can target $8.50 and $10.00 under the provided setup, keeping the June recovery alive despite the latest market shock.