Big changes are happening in the world of cryptocurrency! Bitcoin, a type of digital money, recently dropped in price. This happened because of some technical signals that analysts, who are like experts in the money world, are watching closely. Ethereum, another cryptocurrency, also went down.
- Bitcoin's price fell by almost 7%, going below a key support level.
- Ethereum's price also dropped, and could have its worst February ever.
- Many people are taking their money out of Bitcoin investments.
Cryptocurrency | Price Change | Prediction |
---|---|---|
Bitcoin (BTC) | Down 6.78% to $87,630 | Possible further decline |
Ethereum (ETH) | Down 23%, below $2,400 | Potentially worst February ever |
Experts aren't sure what will happen next, but they say there's a chance Bitcoin and Ethereum prices could go even lower before they go up again. They are watching the situation very closely.