Big news in the world of cryptocurrency! Many cryptocurrencies are at their lowest prices in over a year. This has some experts worried, but others think it might be a temporary dip before prices go back up.
- Many cryptocurrencies are at their lowest prices in a year.
- Experts are unsure if this is the start of a longer downturn or just a temporary dip.
- Some investors are worried about the popularity of memecoins, which might be taking money away from other cryptocurrencies.
| Fact | Number |
|---|---|
| Percentage of top 200 cryptos at 1-year lows | 24% |
| Total crypto market value (in trillions) | $3.13 |
Think of cryptocurrency as digital money. Altcoins are cryptocurrencies other than Bitcoin. A 'bear market' means prices are going down, while a 'bull market' means prices are going up. Experts aren't sure if we're in a bear or bull market right now. Some think prices might rise again soon, but it's hard to say for sure!
