Bitcoin BTC-2.1%, ethereum and cryptocurrency prices have been left reeling from the collapse of the terraUSD (UST) stablecoin and its support coin luna this week—though luna has shocked some by staging a surprise rally.
The bitcoin price has crashed 25% over the last month, dragging down other major cryptocurrencies including ethereum, BNB BNB -2%, XRP XRP -2.8%, solana, cardano, avalanche and polkadot, with fears over Federal Reserve “shock therapy” weighing on both crypto and stock markets.
