Big news in the world of cryptocurrency! Bitcoin and Ethereum, two popular digital currencies, had some ups and downs recently. Lots of people who invest in Bitcoin through special funds (called ETFs) took their money out.
- Many people pulled their money out of Bitcoin investment funds.
- This happened partly because of a plan by President Trump to create a U.S. Crypto Reserve.
- Some experts worry this plan could hurt Bitcoin because it might make it less independent.
- Ethereum investment funds saw some money coming in.
| Fact | Number |
|---|---|
| Bitcoin ETF outflows on March 4th | $143.43 million |
| Bitcoin's price high on March 3rd | $94,770 |
| Bitcoin's price on March 4th | $81,700 |
| Bitcoin's year-to-date drop | 11.47% |
| Ethereum's price drop on March 4th | 19% |
Experts have different opinions about Bitcoin’s future. Some think it could become like gold, a safe place to keep money during tough times, but others aren't so sure. Bitcoin is still a newer idea, so its price can change quite a lot!
