President Trump made a big announcement about cryptocurrency! The US government now has a special stash of Bitcoin, like a secret treasure chest. It's made up of Bitcoins taken from criminals. No taxpayer money was used to buy it.
- The US already has about 198,000 Bitcoins!
- That's worth around $17 billion!
- Some people were hoping the government would buy more Bitcoin, but that's not happening right now.
- Bitcoin's price went down a bit after the news, but it's recovering.
Fact | Number |
---|---|
Bitcoins the US owns | 198,000 |
Their current value (approximately) | $17 billion |
Bitcoin's price drop after news | 4% |
Experts have different opinions. Some say it's a good thing that the government is holding onto its Bitcoin, others are waiting to see what happens next.