Bitcoin is a digital money, like online cash, but without banks! It's been around since 2009 and has had its ups and downs. Some people think it's the future, others aren't so sure. Let's look at what could happen to its value.
- Governments could ban Bitcoin, making it illegal to use.
- High energy costs for Bitcoin mining could make it too expensive.
- If people lose trust in Bitcoin, its value could fall.
What happened | Details |
---|---|
Bitcoin's price in March 2025 | Over $80,000 per coin |
Total value of Bitcoin in March 2025 | Over $1.6 trillion |
Energy used per transaction (approx.) | Enough to power a US home for a month |
Price drop after China crackdown (2021) | Almost 30% |