Hacker News Reader

Unweathered protocols on eth failing shouldn't affect bitcoin. They're only related insofar as they are both crypto. The $3B in bitcoin sold could have been anything.

View on HN

A 3bn fire sale is going to have a price effect no matter the reasoning behind it.

Minor nit but Terra isn't a protocol on Ethereum, Terra is its own L1 that competes directly with Ethereum.

Lol duh, I totally knew this. Thanks for the correction

Reply on news.ycombinator.com