Terra and LUNA Classic Price Spikes, But Will They Sustain It? Expert Opinion
The Federal Reserve’s comments regarding the relaxation of the inflation measures have rallied the entire stock market in the past 24 hours. Crypto markets, including the Terra (LUNA) and LUNA Classic (LUNC), are some of the coins that have done pretty well in the last 24 hours.
As of writing, Terra (LUNA) had increased by 3% and LUNA Classic (LUNC) by 4.4% in the past 24 hours. But this is after pulling back some of the gains after investors withdrew profits. However, there have been a lot of concerns regarding…