Crypto crash: almost $1 trillion wiped off markets as Bitcoin hits lowest level since 2020

TerraUSD (UST), the 11th largest cryptocurrency by market cap, is an algorithmic stablecoin that uses a set of smart contracts to ensure its value stays as close to $1 as possible. But after hovering at around $1 for about a year, it crashed to 29 cents yesterday, plunging its market…

Read Entire ArticleRead Comments

This post has been read 14 times!

Like Love Haha Wow Sad Angry