Polygon, Axie Infinity & Bitcoin – American Wrap 24 February

Cryptocurrencies are waking up to a shocker this morning as the whole Eastern border of Ukraine is under siege of missile attacks by Russia and Belarus. This afternoon, NATO and the EU are scrambling for emergency meetings to further retaliate with sanctions cutting off Russia entirely from the financial system. In the meantime, investors are hoarding cash and pulling out their money into safe havens, but in the process, offering some lovely entry levels for the longer term.

MATIC could shed 25% as Russian military action advances into Ukrainian mainland

Polygon (MATIC)) is on the cusp of slipping below $1.00 as price action comes under selling pressure as military action in Ukraine rattles global markets. Russian troops are bombing several significant cities and reports are coming in of military convoys crossing mainland Ukraine with Russian troops. Global markets triggered a massive sell-off across the board, with safe havens heavily bid and risk assets being kicked out of portfolios.

Axie Infinity bears in control, AXS may collapse towards $31

A brief technical and on-chain analysis on Axie Infinity price. Here, FXStreet’s analysts evaluate where AXS could be heading next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.