The Bitcoin and Ethereum price continues to face bearish pressure as the global cryptocurrency market shows a 4.55% decline in the past 24 hours. The BTC price is down over 4%, currently trading at $27.6k, and ETH is down 6.87%, currently trading at $1.4k. Surprisingly, Terra 2.0 (LUNA) price managed to gain 4% today as Do Kwon took to Twitter to refute rumors of him cashing out over $2 billion worth of Terra Luna coins via anonymous wallets. Global Markets Dive as Inflation Soars The cryptocurrency market selloff extends through this Sunday as rising inflation threatens global and crypto markets.
The post Terra 2.0 (LUNA) Price Hovers at $2.7, Do Kwon Refutes Rumors of Cashing Out $2.7 Billion of Coins appeared first on The Merkle News.
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