Hey kids! Want to hear some Bitcoin news? Bitcoin, a type of digital money, has been going up and down lately. It's like a rollercoaster, sometimes exciting, sometimes a little scary!
- Bitcoin's price dropped below an important average price (like an average grade!), making some people worried.
- Another average price is still higher than Bitcoin's current price, so there's still some hope.
- Lots of people who were borrowing money to invest in Bitcoin had to sell, causing prices to drop even further.
Thing | Number |
---|---|
Bitcoin's important average price | $75,195 |
Bitcoin's price yesterday | around $83,000 |
Amount of money lost from risky Bitcoin investments | Over $1 billion |
Experts aren't sure what will happen next, but it's a good reminder that investing in cryptocurrency can be risky! Remember to only invest what you can afford to lose.