Big news in the world of Bitcoin! Imagine Bitcoin as a special kind of digital money. Recently, people were selling their Bitcoin investments, causing the price to drop below $90,000. This happened because some investors are worried about the economy.
- Lots of people sold their Bitcoin investments in special funds called ETFs.
- One day, $937 million worth of Bitcoin left these funds - the biggest sell-off ever!
- Big investors, called whales, are also moving their Bitcoin to places where they can sell it easily.
- Even though the price went down, some experts think this is just a temporary dip and Bitcoin could go up again.
| Fact | Number |
|---|---|
| Biggest one-day Bitcoin ETF outflow | $937.78 million |
| Bitcoin's price drop | Below $90,000 |
| Bitcoin's price increase since last year | Over 50% |
