Bitcoin has regained some momentum from this week?s broad crypto market crash, with the world?s largest cryptocurrency gaining 5% over the last 24-hours to trade around US$30,300 at lunchtime.

Terra?s LUNA token continues to plummet, with the price of the token now down 99.7% in under a week. Luna?s crash is due to the token?s link to terraUST, a stablecoin that was pegged to the US dollar. UST decoupled from the US dollar earlier this week as investors sell-off digital assets in favour of less risky assets.

And Australia?s first cryptocurrency exchange traded funds began trading on Cboe Australia this week, however each of the three new crypto ETFs experienced trading volumes below $1m on their first day of trading amid regulatory concerns and high crypto market volatility at present.