Big news in the world of cryptocurrency! President Trump announced a plan to create a special government stash of Bitcoin and other digital money. But the news didn't make Bitcoin's price go up, it actually went down quite a bit!
- The government won't be buying any new Bitcoin right now.
- Bitcoin's price dropped by as much as 6% after the announcement.
- The government already has about 200,000 Bitcoins seized from criminals.
- Some people think the plan is disappointing.
Fact | Number |
---|---|
Biggest Bitcoin price drop | 6% |
Approximate number of Bitcoins the US government owns | 200,000 |
Bitcoin's price after the drop (approx) | $87,700 |