Terra (LUNA) capitalization increases by $3 billion in last 24h

The capitalization of Terra (LUNA) cryptocurrency has recently increased by approximately $3 billion, as CoinMarketCap reports, following the recovery of the crypto market and the upcoming Fed decision, which is expected to cause a volatility spike on the market.

As the chart of one of the biggest Ethereum competitors suggests, LUNA is currently moving in a sharp uptrend in contrast to most of the cryptocurrency market. In the last 17 days, LUNA added over 64%.