Crypto Funds Saw Year’s Highest Inflows as Terra Crisis Crashed Markets

Crypto Funds Saw Year's Highest Inflows as Terra Crisis Crashed Markets

The flurry of investment came as bitcoin (BTC) dipped to as low as $25,892 on Thursday amid fears Luna Foundation Guard, the organization that was supposed to support UST in a crisis, might panic-sell its reserve of roughly 80,000 bitcoin. The price of bitcoin recovered most if its losses late last week to change hands around $30,000, a significant psychological level.

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