Cryptocurrency Markets - Terra Luna Meltdown

Mark moss: We've been talking about this for several weeks now, and really we went super deep when we saw terra luna melt down. Terra luna was suposed to be a stable coin. But the problem is, as taraluna unwound, which was about a 60 billion dollar valuation at the time. And i it's the great unwind. It's all because of leverage. The fed said they regoing ostart raising rates. They're gong to start letting assets off their books. Teyweren't going to pump money out through quantitate of easin any more. So since then we've seen the crypto currency markets really start to unwind