Bitcoin has fallen below US$30,000 again this morning, trading just above US$29,200 at the time of writing. The world?s largest cryptocurrency is on track for a record 9-week straight losing streak, with the price Bitcoin down 22% in May.
Terra?s LUNA token is up more than 15% over the last 24-hours following the launch of the Terra rebranding to Terra Classic on May 28. LUNA 2.0 launched on the same day as the Terra Classic rebrand and has been highly volatile since its debut. Currently, there are 1 billion of the new LUNA in circulation, which is significantly lower than the 6.5 trillion LUNA classic in circulation.
And Dogecoin rallied over the weekend in the aftermath of news from Elon Musk that SpaceX merchandise could soon be purchased using the meme cryptocurrency.