Big changes happened in the world of cryptocurrency! The prices of many cryptocurrencies went down, causing some investors to lose a lot of money. It's like a rollercoaster ride, but with digital money.
- Bitcoin's price dropped below $89,000.
- Many people lost money because they borrowed money to invest, and the prices fell.
- Other cryptocurrencies like Ether, Solana, XRP, and Dogecoin also lost value.
- Investors are moving their money to safer places, like the Japanese yen.
| Cryptocurrency | Losses (approx.) |
|---|---|
| Bitcoin | >$530 million |
| Ether | >$294 million |
| Solana | >$112 million |
| XRP and Dogecoin combined | >$80 million |
Experts aren't sure what will happen next, but the market is quite volatile! It's important to remember that investing in cryptocurrency can be risky.
