Big news in the world of Bitcoin! Bitcoin's price went down a lot recently, from about $96,000 to $86,000. This is the lowest it's been since November 2024. This drop made some investors worried.
- Bitcoin's price fell because of worries about the world economy and new taxes.
- Many investors sold their Bitcoin because they were scared about the economy.
- A big cryptocurrency exchange, OKX, had some legal trouble, making people less trusting of Bitcoin.
| Fact | Number |
|---|---|
| Bitcoin's price drop | $96,000 to $86,000 |
| Money lost by some investors | Over $760 million |
| OKX fine | $500 million |
Experts aren't sure if Bitcoin will go back up to $95,000 soon or take longer. Bitcoin is still seen as a risky investment, like other tech companies' stocks.
