Bitcoin, a type of digital money, went down a lot! This caused other cryptocurrencies and companies that deal with cryptocurrency to also lose value. It's like when the price of your favorite toy goes down, other things related to that toy might also become cheaper.
- Bitcoin went below $90,000 for the first time since November.
- Companies that own lots of Bitcoin lost money too.
- Other digital money like Ether and Solana also fell in price.
- Worries about money and the economy also played a role.
Thing | Change |
---|---|
Bitcoin | Down nearly 7% |
Ether | Down 10% |
Solana | Down almost 13% |
MicroStrategy (owns lots of Bitcoin) | Down over 5% |