Bitcoin (BTC), a type of digital money, had a wild ride! It went up and down in price. This affected many people who borrowed money to buy it. Let's find out what happened.
- Bitcoin's price dropped from $86,000 to $80,000.
- Many people lost money because of this drop.
- The US government decided to keep Bitcoin it already has, but won't buy more right now.
- Next week's news about the economy might cause Bitcoin's price to change a lot more.
Fact | Number |
---|---|
Amount lost by traders | $620 million |
Biggest loss by one person | $32.09 million |
Current Bitcoin price (approximately) | $82,500 |