Big news in the world of cryptocurrency! After a meeting with important people, the prices of Bitcoin and other digital money went down. This happened because the stock market, where people buy and sell company shares, is also doing poorly.
- Bitcoin's price dropped from $93,000 to $86,000.
- Other cryptocurrencies like Ethereum and Solana also lost value.
- This is similar to what experts predicted.
- The drop is connected to problems in the US stock market.
Cryptocurrency | Price Movement | Prediction |
---|---|---|
Bitcoin (BTC) | Down from $93,000 to $86,000 | Possible drop to $73,550 |
Ethereum (ETH) | Down slightly | Possible drop to $1,500 |
XRP | Down over 1% | Potential further drop |
Think of it like this: if one friend is sad, their other friends might be sad too. Crypto and the stock market are often linked, so when one goes down, the other often follows.