Big news in the world of cryptocurrency! Bitcoin, the most famous cryptocurrency, is getting stronger. This happened even though its price went down a little. This is because people are moving their money from other cryptocurrencies (called altcoins) to Bitcoin.
- People are moving their money from other cryptos to Bitcoin.
- Bitcoin's share of the total cryptocurrency market is now higher than before.
- This happened because the U.S. economy is doing well, and the Federal Reserve (a U.S. government bank) is making it harder to borrow money.
| Thing | Number |
|---|---|
| Bitcoin's share of the market | Over 61%! |
| Total value of all cryptocurrencies | Down from $3.8 trillion to about $2.9 trillion |
| Bitcoin price drop since its highest point | 24% |
Experts think Bitcoin might go up slowly, but it won't go up super fast because of what the Federal Reserve is doing.
