Big news in the world of cryptocurrency! Binance, a huge company that lets people buy and sell crypto, had some unusual activity. Some people thought they were secretly selling off lots of Bitcoin and Ethereum, making the prices go down.
- Bitcoin and Ethereum prices dropped recently.
- Binance, a big crypto exchange, was suspected of selling a lot of Bitcoin and Ethereum.
- Binance says it was just moving money around internally, not selling.
- Other cryptocurrencies also went down in price.
Cryptocurrency | Price Change |
---|---|
Bitcoin | Down around 5% recently, trading around $95,740 |
Ethereum | Down around 4% recently, trading around $2,600 |
It's important to remember that this is just what people are saying, and we don't know for sure what happened. It's all very complicated, but it shows how quickly things can change in the world of crypto!