Hey kids! Big news in the world of Bitcoin, a type of digital money! February wasn't great for Bitcoin; its value went down a lot. This was Bitcoin's worst month since June 2022. Let's explore what happened.
- Bitcoin's price dropped below $80,000 for the first time this year!
- Some people think new taxes on goods might be causing the drop.
- Other digital money and companies related to digital money actually went *up* in value that day.
Fact | Number |
---|---|
Biggest drop in Bitcoin price this year | Over 16% in February |
Lowest price since | Early November |
Possible future support level | $71,000 |
Experts aren't sure what will happen next but are keeping an eye on things. Remember, investing in digital money can be risky!