Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways

Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways

The largest cryptocurrency by market capitalization was recently trading at about $29,700, up slightly and about where it stood 24 and 48 hours earlier. Ether, the second-largest crypto by market cap, was down over a percentage point, still trading a little below the $2,000 level it has held much of this week. Other cryptos were mixed, some rising a little and others falling, although metaverse tokens MANA and SAND had a good day with SAND rising over 7% at one point. TRX was also recently up more than 5%.

Originally Posted on: https://www.coindesk.com/markets/2022/05/25/first-mover-asia-regulatory-attention-on-terra-could-change-south-korean-trading-environment-bitcoin-goes-sideways/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Shaurya Malwa, Damanick Dantes, James Rubin

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