This week was busy for cryptocurrencies! Prices went down for many digital coins, like Bitcoin. The government also made some important decisions about how to control crypto.
- Bitcoin's price dropped below $80,000.
- Many other cryptocurrencies also lost value.
- The government dropped some big cases against crypto companies.
- A new law about stablecoins (coins that try to stay at the same price) is being discussed.
- A big crypto trading site might be sold.
Fact | Detail |
---|---|
Bitcoin Price | Dropped below $80,000 |
Overall Market Drop | 12% in five days |
Government Cases | Dropped against some big companies |