This week's crypto news is all about the economy! Big things are happening that could affect the prices of Bitcoin and other cryptocurrencies. Get ready for some exciting (and maybe a little scary!) changes.
- Important government reports about prices (inflation) are coming out.
- The Fed (the group that controls money in the US) might change interest rates.
- President Trump might announce new taxes on imported goods.
- Bitcoin and Ethereum prices went down a bit, but then went back up some.
- Other cryptocurrencies (called altcoins) also went down.
Thing | What happened |
---|---|
Bitcoin | Dropped below $95,000 but recovered to around $97,000 |
Ethereum | Lost about 2.4%, then recovered slightly |
Altcoins | Many lost more than Bitcoin and Ethereum |