Bitcoin, a type of digital money, has been going up and down lately. Some people think its price is being secretly controlled, but it's actually affected by many things!
Think of it like a rollercoaster – sometimes it goes up quickly, sometimes it drops. Many things can affect it, just like the weather affects a baseball game.
Experts aren't sure exactly why, but it's probably a mix of several reasons.
- Some think big companies are secretly buying and selling to control the price.
- Others believe computer programs (bots) are making the price change quickly.
- World events and news also affect how much Bitcoin is worth.
| Fact | Number |
|---|---|
| Bitcoin's price range | $95,500 - $98,000 |
| Approximate Bitcoin market share | 64% |
| Combined assets under management (large firms) | $29 trillion |
