Big things are happening in the world of cryptocurrency! This week, there's a lot of excitement, but also some uncertainty.
Some people think that the price of Bitcoin, a type of digital money, might go up soon. Others aren't so sure. It's like a guessing game!
Here's what's going on:
- FTX, a big cryptocurrency company, is giving back money to some people who lost money when FTX had problems.
- Some people think this money will make the prices of cryptocurrencies go up, especially Solana (SOL), a type of cryptocurrency that is doing well.
- President Trump and Elon Musk will have a chat on TV. They might talk about cryptocurrency, which could also make prices move.
- The Federal Reserve (a US bank) will release some important information about the economy. This could also affect the prices of cryptocurrencies.
- A big cryptocurrency conference is happening in Hong Kong. Many experts will share their ideas, which might make prices move.
| Fact | Number/Prediction |
|---|---|
| FTX Payouts | $1.2 billion to small creditors |
| Potential additional crypto investment from FTX payouts | Around $3 billion (estimate) |
| Solana's price increase in the last year | Over 500% |
