Hey kids, let's talk about Bitcoin! Bitcoin is like digital money, and its price can go up and down a lot. Recently, it's been a bit of a rollercoaster.
There's been some exciting news and some worrisome stuff. President Trump talked about having some Bitcoin, which is cool, but other things are making people nervous.
So, what's happening? Let's find out!
- Bitcoin's price went down because of worries about trade wars between the US and China.
- The price also dropped because of concerns about the economy.
- Even though President Trump's Bitcoin news was good, people are more focused on the economy right now.
What happened | Numbers |
---|---|
Bitcoin's price dropped | Over 3% in one day, over 10% in a few days |
Bitcoin's price now | Around $83,200 (this can change quickly!) |
Important number to watch | $83,200 (200-day average); if it falls below it could go even lower. |