Do Kwon’s red notice reportedly issued by Interpol has driven Terra’s native cryptocurrency south hard.
The price of bitcoin continues to struggle at around $19,000, with another dip below that level earlier today. Most altcoins are slightly in the red on a daily scale. Terra Classic is among the most substantial losers, following the latest developments in regards to the project’s co-founder – Do Kwon.The primary cryptocurrency experienced a massive drop last week when the US Federal Reserve announced the latest hike in the key interest rates. Bitcoin, regarded as a riskier asset,It reacted well at this point and reclaimed $19,000 a day later.
But he’s innocent. 😅
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: