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The Crypto Conspiracy Podcast - Episode 23 - Crypto Crashes... Stablecoin Collapse Sends Tokens Tumbling
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The Morgan Report
Published 2 months ago |
The Crypto Conspiracy Podcast - Episode 23 - Crypto Crashes... Stablecoin Collapse Sends Tokens Tumbling | https://www.themorganreport.com/join

Crypto-currency markets are being rocked after a popular token lost 99% of its value, dragging down a so-called "stablecoin" with it.

The Terra Luna token fell from a high of $118 (£96), last month, to $0.09 on Thursday.

The collapse had a knock-on effect on a linked token, TerraUSD, which is normally stable.

And spooked investors are now pulling out of major crypto-currencies, sending markets plummeting.

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