Latest Issue December 3, 2021
What a Friday, folks! As the week comes to a close, the crypto market continues to plunge deeper into the red.
$BTC.X dropped 4.5%, hovering at $54,000. $ETH.X fell 5.5% to $4,200. $SOL.X and $ADA.X declined nearly 9%, but they still, somehow, performed better than last week.
Despite major cryptocurrencies drifting lower, one coin, Terra ($LUNA.X), caught the attention of the investors as it gained 7%, making it to the coveted top-10 cryptocurrencies list (as measured by market cap). Terra’s promotion stemmed from the coin’s recent network upgrade and upcoming changes to how the coin is used in its own payment network.