In Brief
- Axie Infinity (AXS) continues its year-long downturn, reaching new lows after breaking through the critical support level of $5.92 on June 10.
- SEC's lawsuits against Binance and Coinbase regarding AXS listing may have contributed to this drop as investors adopt a cautious approach.
- Bitcoin's recovery of the $26,000 price region did not impact AXS, possibly indicating a separation of Axie Infinity from Bitcoin's price trends.
https://en.coin-turk.com/axie-infinity-axs-plunges-new-lows-after-breaching-critical-support-level/