Hey kids! Did you know that cryptocurrency, like Bitcoin and Ethereum, is going through a bit of a dip? It's like the roller coaster at the fair – sometimes it goes up, sometimes it goes down. Let's look at what's happening.
- Big investors aren't buying as much Bitcoin or Ethereum right now.
- This is making the price of Bitcoin and Ethereum futures lower than the current price.
- Experts think this is because they're waiting for some good news to happen later in the year.
Cryptocurrency | What's happening |
---|---|
Bitcoin (BTC) | Lower demand |
Ethereum (ETH) | Lower demand |
Futures Price | Lower than current price (backwardation) |
Think of it like this: If everyone wants a toy, the price goes up. But if fewer people want it, the price might go down.