Terra Drops 9.6% in 24-hours Despite the Luna Foundation Buying $1.5B Worth of Bitcoin

Summary: The digital asset of Terra (LUNA) has dropped by almost 10% in the last 24 hours This is despite the bullish news of the Luna Foundation Guard buying $1.5 billion worth of Bitcoin However, the drop is understandable given Bitcoin has lost its $38k amidst anxiety over the US Fed increasing interest rates by 50 basis points LUNA/USDT risks losing the 200-day moving average ushering in a bear market for the digital asset The digital asset of Terra (LUNA) [……
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