Hey kids! Cryptocurrency, like Bitcoin and Ethereum, is digital money. Recently, the value of all cryptocurrencies went down, even though good things are happening!
The total value dropped back to where it was in March 2024. This happened even after the US government became more supportive of crypto.
Experts are unsure why this happened; some say it's because of worries about the economy.
- The US is now more friendly towards crypto.
- New rules for crypto are coming.
- Many people are investing in crypto now.
- Worries about the economy are making some people sell.
Cryptocurrency | Approximate Price | Change |
---|---|---|
Bitcoin | $84,000 | Down 8% |
Ethereum | Below $2,000 | Down significantly |