Big news in the world of cryptocurrency! People are taking their money out of crypto investments. This happened for two weeks in a row. It's like when you decide to take your money out of your piggy bank.
- Lots of money left crypto: Investors took out over $500 million last week.
- Bitcoin lost the most money.
- Some people are betting against Bitcoin going down.
- The US saw the biggest drop in crypto investment.
- Other places, like Europe, are still putting money into crypto.
- XRP, a different type of crypto, actually gained money.
Fact | Number |
---|---|
Total money pulled out in two weeks | $924 million |
Money pulled out of Bitcoin | $571 million |
Money added to XRP | $38.3 million |
Experts think people are worried about things like inflation and what the government is doing. It's a bit like when you worry about spending all your allowance too quickly!