Big news in the world of Bitcoin! Bitcoin, a type of digital money, had been going up and up, even reaching record highs. But then, it suddenly dropped in price! This wasn't just Bitcoin; other things like stocks and gold also went down.
- Bitcoin went down from over $100,000 to below $80,000.
- Some people think this is because of changes in the economy and government actions.
- Others, like Robert Kiyosaki, still believe in Bitcoin and think it's a good investment.
- Bitcoin bounced back a bit after the drop.
Thing | What happened |
---|---|
Bitcoin | Big price drop, then a partial recovery |
Stocks (like NASDAQ) | Dropped 3.5% |
Gold | Dropped 2.92% |
Consumer spending | First drop in 2 years |