Hey kids! Big news in the world of Bitcoin and other cryptocurrencies! President Trump's plan to add extra taxes on goods from other countries (called tariffs) was put on hold. This is important because the crypto market (where you buy and sell digital money like Bitcoin) is linked to what happens in the regular economy.
- Trump's tariff plan was delayed.
- Bitcoin's price went down a bit but then stopped falling.
- Investors might be worried about the tariffs later.
- Big money is leaving Bitcoin investments for now.
Thing | Info |
---|---|
Bitcoin's price | Went down to around $95,000, then went back up to around $96,000. |
Tariffs start | Likely in April. |
Money leaving Bitcoin investments | About $680 million in a few days. |