Big news about money! The price of things (inflation) went up more than expected in the US. This made the price of Bitcoin and other investments go down.
- Inflation means prices are rising.
- Bitcoin's price dropped below $95,000.
- Other investments also fell.
- The Federal Reserve might raise interest rates again.
| Item | Change |
|---|---|
| Bitcoin | Dropped below $95,000 |
| Inflation (CPI) | Higher than expected (3%) |
| Stock Market Futures | Down about 1% |
Experts think Bitcoin might go back down towards $90,000 because of this news.
