The world of cryptocurrency is like a big, busy marketplace with lots of different stores (exchanges) selling digital money like Bitcoin. It's not one big store, but many, making things a little confusing!
This news talks about how all these different stores make it harder to know the real price of crypto and makes buying and selling more complicated, especially for big companies.
This makes buying and selling tricky and more expensive. But it also means more new ideas can pop up!
- Many different places to buy and sell cryptocurrency.
- Big companies find it hard to buy and sell easily.
- New ways to buy and sell are being invented.
Fact | Number |
---|---|
Number of cryptocurrency exchanges | Over 700 |
Increase in crypto mergers and acquisitions (Q1 2024) | 22% |