Bitcoin, the biggest cryptocurrency, recently went down 11% from its highest price ever! Don't worry, though; this happens sometimes. Bitcoin's price goes up and down a lot.
- Bitcoin dropped because some investors got worried.
- A big crypto exchange, Bybit, was robbed of $1.5 billion, making some people sell Bitcoin quickly.
- Worries about the economy also made people less likely to invest in Bitcoin.
Fact | Number |
---|---|
Bitcoin's current price | Around $85,800 |
Biggest drop this time | 11% |
Possible future price (low) | $70,000 - $71,000 |
Important support level | $92,000 |
Even though it's gone down, Bitcoin has bounced back before, and experts think it might happen again. Remember: investing in cryptocurrency is risky!