Big news in the world of cryptocurrency! Bitcoin, a type of digital money, has dropped a lot in price. This means it costs less than it did before. This happened because people are worried about things like possible trade wars and less trust in the market.
- Bitcoin’s price fell below $80,000.
- Many other cryptocurrencies also lost value.
- Investors lost over $1 trillion in value.
- Some people think these drops are normal and Bitcoin's price will go up again.
Fact | Number |
---|---|
Bitcoin's lowest price | Below $80,000 |
Bitcoin's price drop in 24 hours | Over 8% |
Total investor losses | Over $1 trillion |
Amount of leveraged positions wiped out | Over $918 million |