Hey kids! Did you know that the stock market, where grown-ups buy and sell parts of big companies, went down a bit yesterday? This isn't directly about cryptocurrencies like Bitcoin, but it affects how much money people have to invest in them.
It's like a rollercoaster! Sometimes it goes up, sometimes it goes down. This time, some tech companies' stocks fell because their sales weren't as good as expected. There's also some worry about trade with other countries.
This news could indirectly impact cryptocurrencies. When the stock market is down, some people might move their money into crypto hoping for better returns.
- The stock market went down a little.
- Some tech companies had lower sales than expected.
- There's some uncertainty about trade between countries.
Thing | Number |
---|---|
Dow Jones drop | 0.5% |
S&P 500 drop | 0.8% |
Nasdaq drop | 0.9% |