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.