President Trump surprised everyone by announcing a plan for the US government to buy and hold some cryptocurrencies! This is like the government adding digital money to its savings.
At first, the price of Bitcoin went way up, but then it went back down. Some people think this is a good thing for cryptocurrencies in the long run, even if it's confusing now.
- The US might buy Bitcoin, Ethereum, Solana, XRP, and Cardano.
- Experts disagree on whether this is a good idea.
- Some think only Bitcoin should be held.
- The final plan might be different from the first announcement.
| Crypto | Price (approx.) |
|---|---|
| Bitcoin (BTC) | $87,565 |
Even if the plan changes, it's a big deal that the US is considering crypto as important! Some think this could make other countries buy crypto too. Bitcoin might go up in value later.
