Hey kids! Want to hear some news about Bitcoin? It's a type of cryptocurrency, like digital money. Recently, Bitcoin's price has been going up and down, and experts are trying to figure out why.
There's a special way to predict Bitcoin's future price using something called "futures." These are like promises to buy or sell Bitcoin later. Recently, these price predictions have changed.
Here's what happened:
- Experts noticed that Bitcoin's price predictions got less excited after Donald Trump's election.
- The gap between Bitcoin's predicted price now and later got smaller, meaning people are less sure about high prices.
- Bitcoin's price, along with other investments, went down because of things like worries about war and the economy.
- A plan to use seized Bitcoin as a reserve didn't boost the price as much as people hoped.
| Fact | Number |
|---|---|
| Lowest spread between Bitcoin future prices | $495 |
| Highest spread | $1705 |
| Bitcoin price drop since February | 20% |
| Nasdaq price drop since February | 8% |
