Ask Price
The minimum price that a seller is willing to accept for an asset.
The minimum price that a seller is willing to accept for an asset.
In financial markets, the ask price is the lowest price that a seller is willing to accept for a certain asset. In a cryptocurrency exchange, the ask price is the minimum price for which a trader is willing to sell a certain amount of a specific cryptocurrency. Ask prices are part of a bid-ask spread, which represents the difference between the highest price that a buyer is willing to pay for an asset (the bid price) and the lowest price that a seller is willing to accept. The ask price can often give traders a sense of the general market sentiment and potential resistance levels for an asset's price.
For example, if a seller sets the ask price of their Bitcoin at $10,000, they are not willing to sell for less than that amount.
