The crash of the LUNA crypto and UST stablecoin is likely to negatively impact retail and institutional demand for crypto assets in the short term. However, a crypto exchange executive believes that the recent collapse of the Terra ecosystem doesnt pose a risk to the larger crypto ecosystem. Du Jun, CEO of crypto exchange Huobi Global, explained that Terras collapse would likely slow down investor interest in crypto as an asset class. However, Jun believes that this slowdown will only be short-term and that demand for cryptos such as Bitcoin (BTC) as a hedge against inflation will soon...
source: https://tokenpost.com/Crypto-investors-interest-will-eventually-recover-after-Terras-collapse-9620
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