Editorial photo #8213000 Economy, Business and Finance
Bitcoin Offices In Istanbul
Bitcoin offices in Istanbul, Turkey seen on May 11, 2022. . Parallel to the global stock market, which has been stretched by the Fed's 50 basis point policy rate hike, he sold $1 billion in cryptocurrencies to keep the stable coin TerraUSD (UST) at $1. UST, which rose to $ 0.95 yesterday, fell again to $ 0.36 today. The daily loss of LUNA, the cryptocurrency of the Terra network, reached 97 percent. Bitcoin also fell to 29,039.54, its lowest level since January. (Photo by Umit Turhan Coskun/NurPhoto)
