Big news in the world of cryptocurrency! The value of all cryptocurrencies together (that's called market capitalization) went way up! This happened after President Trump talked about the US possibly having its own cryptocurrency reserve. It was a wild ride!
- The total value of all cryptocurrencies increased by about $330 billion in one day.
- Bitcoin and Ethereum, two popular cryptocurrencies, also saw big price jumps.
- Some traders who bet against the price going up lost a lot of money.
| Fact | Number |
|---|---|
| Increase in total crypto value | $330 billion |
| Highest total crypto value (in trillions) | $3.15 trillion |
| Losses for traders betting against price increases | Over $549 million |
| Bitcoin trader losses | $348 million |
