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Bloomberg

Ether and Altcoins Lead Crypto Rout as Terra DeFi Fallout Deepens

(Bloomberg) — It’s an all-round sea of red for nearly everything in crypto, with altcoins such as Ether, Solana and Avalanche take a beating. Traders are partially stumped, but for Ethereum, the signs of a lack of demand have been building for quite some time.Most Read from BloombergRare Ship-to-Ship Transfers Keep Oil Moving From Russia to ChinaStocks Rally Amid Bright Spots in Retail Earnings: Markets WrapThese Are the Best — and Worst — Cities for Work-Life BalanceFed Saw Aggressive Hikes Pr

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