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Is Terra Luna Stablecoin Behind Bitcoin Crash?
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There’s been enormous volatility in the financial markets this week, which has had massive following effects in the cryptocurrency ecosystem.
In uncertain times investors like to run to the safety of stable coins, but this week we’ve seen the third largest ‘’stable coin’’ crash by 40% in a matter of hours!
In this video I break down:
🔥 What is the UST stable coin and why it crashed by 40%
🔥 How the LUNA and UST algorithmic currency peg works
🔥 Why this currency peg is breaking and what it means for the cryptocurrency ecosystem
And most importantly how you can protect yourself from the financial turmoil around the world.
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Disclaimer: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. I will NEVER ask you to send me money to trade or invest for you. Please report any suspicious emails or fake social media profiles claiming to be me. Don't invest money you can't afford to lose. There are no guarantees or certainties in trading or investing. My videos may contain affiliate links or sponsorship to products I believe will add value to your life and help you. In some cases, I may receive payment or other consideration from the companies mentioned in the videos. No matter what I or anyone else says, it’s important to do your own research before making a financial decision. SEE FULL DISCLAIMER HERE: https://go.1markmoss.com/disclaimer
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