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

May 16, 2022

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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