The Next Luna And UST? Crypto Market Now Braced For Another Earthquake After Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Avalanche And Polkadot Price Crash

The Next Luna And UST? Crypto Market Now Braced For Another Earthquake After Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Avalanche And Polkadot Price Crash

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.

Read more: https://www.forbes.com/sites/billybambrough/2022/05/16/the-next-luna-and-ust-crypto-market-now-braced-for-another-earthquake-after-bitcoin-ethereum-bnb-xrp-solana-cardano-avalanche-and-polkadot-price-crash/?sh=53e0a4ce68e6

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