Wow! Bitcoin's price went way up in 2024, even passing $100,000! But now it's gone down a bit. This is a big story for grown-ups, but here's what's happening.
- Big companies are buying Bitcoin, making it more popular.
- Special funds called ETFs let people easily buy and sell Bitcoin like stocks.
- Even some important people who didn't like Bitcoin before now think it's valuable.
- The new government might make it easier for Bitcoin to grow.
Fact | Number |
---|---|
Highest Bitcoin price in 2024 | Over $100,000 |
Current Bitcoin price | Below $90,000 |
Institutional investment in Bitcoin ETFs | Almost $27 billion |
Larry Fink's Bitcoin price prediction | $700,000 |
Remember, Bitcoin is like a rollercoaster; it can go up and down. Grown-ups should decide if it's right for them.