Big news in the world of cryptocurrency! Ether, a type of digital money like Bitcoin but on a different network called Ethereum, has been going down in price for a while. But recently, something interesting happened that might change things.
- A huge hack stole lots of Ether!
- The stolen Ether might not be sold right away.
- Ether's price went up a bit after the hack.
- Experts think Ether needs to go above $3,000 to really start rising again.
| Fact | Number |
|---|---|
| Hack Amount | $1.4 billion |
| Ether price increase after hack | Over 5% |
| Ether needed to go above | $3,000 |
| Lowest exchange reserves since | July 2016 |
