Hey kids! Let's talk about Bitcoin, a type of digital money. Recently, its price went down because of some news about prices going up in the United States. It's a bit complicated, but think of it like this: when prices of things go up too fast (called inflation), it can make people worry and sell their Bitcoin, causing the price to drop.
- Bitcoin's price fell below $95,000.
- This happened because US inflation was higher than expected.
- Some experts think Bitcoin might try to go back up, but others are worried it could go even lower.
Bitcoin Price | Inflation | Prediction |
---|---|---|
Dropped below $95,000 | Higher than expected in the US | Some predict further drops, some predict a bounce back. |