Cryptocurrency prices went down this week! Bitcoin, a popular cryptocurrency, dropped in price. Other cryptos also fell, especially Solana (SOL). This happened partly because of a bad situation with a new cryptocurrency called LIBRA that quickly lost its value. It involved some people getting rich quickly while others lost money.
- Bitcoin's price went down by 2% in one day and 10% in a week.
- Solana's price dropped even more, by 16% in one day and 35% in a month.
- Many other cryptocurrencies connected to Solana also lost value.
- A big release of Solana coins is expected soon, which could cause more price changes.
| Cryptocurrency | Price Change (24 hours) | Price Change (1 week) |
|---|---|---|
| Bitcoin (BTC) | -2% | -10% |
| Solana (SOL) | -16% | -35% |
| LIBRA | Lost almost all value |
Some experts still think Bitcoin could reach a very high price someday, maybe even $500,000!
