Big news for Bitcoin! President Trump wants to create a special stash of Bitcoins for the U.S. government. This is called a 'Strategic Bitcoin Reserve'. It's like a special savings account, but for Bitcoin!
- The government will use Bitcoins taken from criminals, not your tax money.
- Only Bitcoin is in this special reserve, not other cryptocurrencies.
- Even though this is good news for Bitcoin, its price went down a bit after the announcement.
Fact | Number/Prediction |
---|---|
Bitcoin's current price | Around $88,362 |
Price change in 24 hours | Down about 4% |
Amount of Bitcoin the government has | Around 200,000 (estimated) |
Bitcoin is a type of cryptocurrency, like digital money. Altcoins are other cryptocurrencies besides Bitcoin. This news is mainly about Bitcoin.