Bitcoin Slump Drags Down Crypto Market; Gaming Tokens See Volatility Despite Ronin Network Growth
• Bitcoin slipping closer to $40,000, dragging down broader crypto market • Ronin network's RON token surges 34% over last week near 2-year high due to success of Pixels game and upcoming PIXEL token launch • RON up 325% over last year but down 3% Monday matching broader market dip • Other gaming tokens like IMX, BEAM, GALA, AXS seeing sharper drops from 5-8% • Ronin continues benefiting from migration of games like Pixels from other networks and new play-to-earn models