2022 May

Not much has changed in the markets since the monumental collapse of Terra Luna, with Bitcoin trading in the range of $28k-$31k the past week. With all signs from the Fed pointing towards the tightening schedule proceeding as planned, less “cheap” cash will likely be available to invest into risk assets. One broad economic indicator

Blood in the streets. Today we see Terra Luna trade below $1 after trading above $80 just 10 days ago. The implosion of Luna coincided with sharp declines across the entire crpytocurreny market, with BTC falling straight through the $35k support to the $28k level it is trading at now. Altcoins suffered just as mightily