The bearish sentiment in the global markets has spread to the crypto markets. Terra's LUNA, Avalanche's AVAX, and Ether (ETH) saw the biggest drops in the past 24 hours outside of bitcoin in the top ten cryptocurrencies by market cap. In European morning hours, Ether fell to just over a major support level at €3,000, losing which could see the asset slide further towards the €2,700 mark.