Crypto price meltdown slows as market reels from Terra collapse

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The precipitous collapse of bitcoin and other Crypto currencies appears to have slowed, leaving investors counting their losses after one of the most severe drops in recent memory.

Over the last week, the entire Crypto market has been much lower. Ethereum, for example, has taken a beating recently, losing 24% of its value in just seven days.

However, there are hints that the precipitous decline may be reversing. Bitcoin has gained 14% in the last day, breaking through the psychological barrier of $30,000, while the market as a whole has gained 13.5 percent.

Fear gripped the market this week after the Terra (LUNA)  dropped by more than 99 percent overnight, and the wider crash has pushed Tether, another stable coin, below its dollar peg.

Right here, you can keep up with all the newest bitcoin news, analysis, and expert price predictions, as well as other popular cryptocurrencies like Ethereum (ETH), Solana (SOL), and Cardano (ADA).

Also Read: http://localhost/clipper28/en/bitcoin-price-crash-has-left-40/

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