Bitcoin, a type of digital money, recently went down a little! Its price fell by over 2% in one day, going from around $98,000 to about $96,000. This happened because of some news about the economy.
- The Federal Reserve (like a bank for banks) might keep interest rates high for longer than expected.
- People are worried about the next inflation report (how fast prices are going up).
- Bitcoin's price might go even lower, possibly reaching around $88,000.
- If Bitcoin goes above $98,000, it could reach $106,000!
Fact | Number |
---|---|
Bitcoin's price drop in 24 hours | 2% |
Bitcoin's current price (approximate) | $96,150 |
Possible low price | $88,000 |
Possible high price | $106,000 |