Big news about Bitcoin! It's a type of cryptocurrency, like digital money. Recently, Bitcoin's price went down because of some important economic news. This news tells us how much prices are rising.
This is important because it affects how much money the government might print and interest rates and affects what people think about bitcoin's future. Let's see what happened!
It shows that prices are going up more than people expected.
- Bitcoin's price dropped because of higher inflation (prices going up).
- The price fell from $96,600 to $94,100.
- Other cryptocurrencies also went down in price.
| Fact | Number |
|---|---|
| Bitcoin's price drop | $2,500 |
| Inflation increase (year-over-year) | 3% |
| Bitcoin's price range | $90,000 - $110,000 |
