Big news in the world of Bitcoin! Lots of Bitcoin deals are ending this week. Think of it like a big classroom sale, but with Bitcoin instead of toys.
- Many people bet Bitcoin would go up, but it went down.
- About $5 billion worth of these deals are expiring.
- Most of these deals will be worthless because Bitcoin didn't reach the price they hoped for.
- Some people might try to push the price up to make more money.
Thing | Number |
---|---|
Total Bitcoin deals ending | $5 billion |
Deals that will be worthless | $3.9 billion (78%) |
Deals that still have value | $1.1 billion (22%) |
Price where sellers make the most money | $98,000 |
Bitcoin's price might move around a lot because of this. It's exciting, but remember: this is just news, not financial advice!