Big news in the world of cryptocurrency! Last week, people pulled out some of their money from Bitcoin investments. This happened because everyone is watching what the US Federal Reserve (like a bank for banks) is doing with interest rates. It's all connected!
- Lots of money left Bitcoin investments, around $415 million.
- This happened because the Fed might not lower interest rates soon.
- Other cryptocurrencies like Solana and XRP actually saw money coming in.
- Bitcoin's price went down a little.
Fact | Number |
---|---|
Money pulled from Bitcoin | $415 million |
Bitcoin's price range last week | $94,900 - $98,600 |
Chance of Fed cutting rates in March | 2.5% |