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Alright, let’s dig into how **spot prices** actually work. At the heart of spot markets are buyers and sellers. When a buyer wants to purchase an asset and a seller wants to sell it, they agree on a price, and a transaction occurs. This agreed-upon price *becomes* the spot price for that particular asset at that particular moment. Think of it as the price that reflects the current consensus of the market. This price is constantly changing, responding to every new order, every piece of news, and every shift in sentiment.
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