Big news in the world of cryptocurrency! Bitcoin, a type of digital money, and other cryptos went down in price recently. This happened after some important announcements from the White House and because people are worried about inflation (prices going up).
- Inflation reports this week could make crypto prices go down even more.
- Bitcoin fell below $80,000, then went back up a little, but is still down overall.
- Ethereum and other cryptos also lost value.
| Crypto | Price Change |
|---|---|
| Bitcoin | Down over 11% last week |
| Ethereum | Down 6%, at a 16-month low |
| Total Crypto Market | Down 6.5%, at $2.8 trillion |
Experts are watching closely to see what happens to inflation. The Federal Reserve will also meet to discuss interest rates.
