Big news in the world of Bitcoin! Bitcoin, a type of digital money, has been acting a bit strangely lately. Lots of people who invested in Bitcoin through special funds (like ETFs – think of them as Bitcoin savings accounts) have been taking their money out.
- Bitcoin's price went down, dropping below $90,000.
- Many investors are selling because they can make more money elsewhere.
- Some experts think Bitcoin could fall even further, maybe to $70,000!
| Fact | Number |
|---|---|
| Biggest drop this year in Bitcoin funds | $516.4 million |
| Lowest difference between Bitcoin's spot and futures prices | 4% |
| Prediction by Arthur Hayes | $70,000 |
