Crypto prices are going down! It's like a rollercoaster, but instead of people, it's money in the form of Bitcoin and other cryptocurrencies. This week has been tough for many crypto investors.
- Bitcoin (BTC) went below $77,000, the lowest since November 2024, but recovered to around $80,000.
- Ethereum (ETH) also dropped, briefly going below $1,800.
- Many other popular cryptos also lost value.
- Lots of people who borrowed money to invest lost a lot of money – over $950 million in 24 hours!
| Crypto | Approximate Loss |
|---|---|
| Bitcoin (BTC) | $318 million |
| Ethereum (ETH) | $250 million |
| Solana (SOL) | $50 million |
Experts think the crypto market will likely be bumpy for a while because of some important events coming up.
