Big news about Bitcoin and other cryptocurrencies! The Federal Reserve, which controls money in the US, said it won't be giving out extra money anytime soon. This could affect the price of Bitcoin and other digital coins.
- The Fed said they won't use a tool called 'QE' to help the economy.
- Some experts think this means Bitcoin's price might not go up quickly.
- Other experts say a strong economy could still help Bitcoin.
- There's disagreement about what will happen to other cryptocurrencies.
Fact | Details |
---|---|
Bitcoin's price now | About $96,334 |
Expert opinions | Differing views on future price movements |
QE (Quantitative Easing) | Giving extra money to the economy; unlikely soon |