Bitcoin is a type of digital money, like online cash! Right now, one Bitcoin costs about $95,500. But some people think it could become much, much more valuable in the future, maybe even $500,000!
- Bitcoin's price goes up and down based on how many people want to buy it (demand) and how much is available (supply).
- Something called "halving" happens every four years. It cuts the number of new Bitcoins created in half, making existing Bitcoins more valuable.
- Experts predict Bitcoin could reach $500,000, but no one knows exactly when.
Fact | Number |
---|---|
Current Bitcoin price | $95,500 |
Possible future price | $500,000 |
Years until next halving | ~4 |