Hey kids! Big news in the world of Bitcoin! February was a tough month for crypto, but things are looking up a little. Imagine Bitcoin as a special digital coin. Lots of people buy and sell it, and its price goes up and down.
- Bitcoin's price dropped to a low point, but then it went back up a bit.
- Special funds called Bitcoin ETFs saw a lot of money leaving, then some coming back in.
- One big ETF, BlackRock’s iShares Bitcoin Trust, lost a lot of money, but others gained money.
- Even though it bounced back a bit, Bitcoin still dropped overall this past week.
| Fact | Number |
|---|---|
| Total money added to Bitcoin ETFs on Feb 28 | $94.3 million |
| Money pulled out of Bitcoin ETFs before Feb 28 | $3.2 billion |
| Bitcoin's lowest price in early February | $78,000 |
| Bitcoin's price now (approximate) | $84,900 |
Experts are watching closely to see what happens next. Remember, investing in crypto is risky!
