Big news in the world of cryptocurrency! Tether, a type of digital money that's always worth about one US dollar, is showing lots of activity. This might mean people are getting ready to buy more cryptocurrencies.
- Lots of people are moving Tether around, the most in six months!
- Bitcoin's price went down recently, but Tether's activity suggests some people are waiting to buy it at a lower price.
- Experts think this could mean the price of Bitcoin and other cryptocurrencies might go up.
Fact | Number |
---|---|
Highest Tether activity in | 6 months |
Bitcoin's recent low price (in US dollars) | $26,700 |
Percentage of Tether users using it as savings | 37% |
Remember: The price of cryptocurrencies can go up and down quickly. This is just news; it's not financial advice!