Eleonora
Thu Jul 18 2024
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5 answers
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What happened to Bitcoin after the Luna crash?
As a keen observer of the cryptocurrency market, I'm curious to know: What were the immediate effects on Bitcoin following the highly publicized Luna crash? Did investors panic-sell, driving the price down? Or did Bitcoin's status as a leading cryptocurrency serve as a safe haven, attracting capital in the midst of uncertainty? Was there a significant outflow of funds from Bitcoin into other cryptocurrencies, or did the market remain largely unaffected? Understanding the interplay between Bitcoin and other altcoins in the wake of major market events is crucial for investors seeking to navigate the volatile crypto landscape.
