Luna price crash explained: Why Terra Luna’s value is crashing and if experts think the crypto will recover

Why did Luna crash? Luna crashed due to its link to terraUSD (UST), a stablecoin which was pegged to the US dollar. Stablecoins are cryptocurrencies linked to traditional ones. UST decoupled from the dollar earlier this week, which sent its price tumbling through the floor. Luna’s market cap has fallen from $40bn (£32.9bn) to little …

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