Hey kids! Want to hear about Bitcoin, a type of digital money? It's had a bit of a rollercoaster ride lately! Bitcoin's price has been going up and down, making it exciting but also a little unpredictable.
It's like a super-powered online piggy bank, but instead of storing cash, it stores Bitcoin.
Here's what's been happening:
- Bitcoin's price went down 8% in February.
- Many people are holding onto their Bitcoin, even though the price is changing.
- Fewer people are using Bitcoin right now, but new money is still coming into the Bitcoin system.
- Some experts think the price might go lower, maybe even below $90,000.
| Fact | Number |
|---|---|
| Bitcoin's current price (around) | $93,948 |
| Biggest price drop this month | 11.3% |
| Percentage drop in daily transfers | 76% |
| Increase in realized market capitalization | $160 billion |
