Still, other cryptocurrencies fared far worse, a sign of the risk-off environment that has investors veering away quickly from any asset with a whiff of risk. Ether, was trading at about $1,960, off about 5% after dipping under $1,800 earlier in the day, the first time since last July it had sunk below $1,800. In a sea of major crypto red, SOL, CRO, ADA and MATIC were each down roughly 10% at one point. SAND and ATOM were off 14.5% and 9%, respectively.
Source: https://www.coindesk.com/markets/2022/05/12/first-mover-asia-terras-planetary-collapse-is-taking-down-crypto-lending-altcoins-plummet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines