Terra’s LUNA Leads Slide in Majors as Ether Nears $3K

Bearish sentiment in global markets spread to crypto markets. Terra’s LUNA, Avalanche’s AVAX, and ether (ETH) saw the biggest declines in the past 24 hours outside of bitcoin in the top ten cryptocurrencies by market capitalization. In European morning hours, ether dropped to just over a major support level at $3,000, losing which could see the asset slide further to the $2,700 mark.