Big news in the world of cryptocurrency! There were worries that Binance, a huge place to buy and sell crypto, was causing a price drop by selling off its coins. But Binance says that's not true. They just help people trade, not control prices.
- A big crypto hack made Bitcoin's price go down to $78,197.
- Some people thought Binance sold lots of Solana (SOL), a type of cryptocurrency.
- Binance said it didn't sell anything; it just lets people trade.
- There's worry about lots of new Solana coins coming out soon, which could affect prices.
| Fact | Number |
|---|---|
| Lowest Bitcoin price (after the hack) | $78,197 |
| Solana (SOL) to be unlocked | 11.2 million |
| Potential Solana value unlocked | $2.5 billion (over three months) |
