Big news in the world of cryptocurrency! Bitcoin, a type of digital money, went down in price. This happened because the US inflation (how much prices are going up) was higher than people expected.
This made investors worried, so they sold some of their Bitcoin. This is because when inflation is high, people often move away from riskier investments like cryptocurrency.
- Bitcoin's price dropped below $95,000 for a short time.
- US inflation went up 0.5% in one month, more than predicted.
- President Trump wants lower interest rates, but the Federal Reserve isn't in a hurry.
Fact | Number |
---|---|
Bitcoin's low price | Below $95,000 |
Monthly inflation increase | 0.5% |
Experts think this price drop might be temporary. They are watching other economic news to see what happens next. Bitcoin might go up again later, but it's hard to say for sure.