First Mover Asia: China CBDC Is No Government Version of Bitcoin; Terra’s Luna, Other Altcoins Jump

At the time of publication, bitcoin was trading below $37,500, down about 2% over the past 24 hours. Ether, the second-largest crypto by market cap, was changing hands below $2,600, down about 1% during the same period. A number of altcoins had a good day with Terra’s luna up about 10%, and avalanche and shiba inu registering healthy gains. Cardano and Solana also rose for the day.