Big news for cryptocurrency! After a long wait, people who lost money with FTX are finally getting some of their money back. This is a huge event that could change things in the crypto world. It's like a big game of money moving around!
- FTX is paying back people who lost money.
- Smaller creditors get paid first – around $1.2 billion.
- Bigger payments happen later in 2025 – a total of $16 billion!
- Some people might sell their crypto after getting paid, pushing prices down.
- Others might buy more Bitcoin or other cryptocurrencies (altcoins), possibly pushing prices up.
| Fact | Number |
|---|---|
| First payout amount | $1.2 billion |
| Total payout amount | $16 billion |
| Current Bitcoin price | $95,300 |
| Bitcoin's 24-hour change | Down 0.75% |
Experts aren't sure what will happen to Bitcoin's price. Some think it might go up, others think it might go down. Altcoins (other cryptocurrencies besides Bitcoin) could also see big changes.
