Big changes are happening in the world of money! President Trump has a plan to fix some economic problems, but it might cause some short-term trouble for the stock market and cryptocurrencies (like Bitcoin). It's like a doctor giving medicine that might make you feel bad at first, but will help you get better in the long run.
- The stock market has gone down a lot recently.
- This is part of a plan to lower prices and fix the country's debt.
- Cryptocurrencies are also affected, going down in value.
- Experts are unsure if the plan will work, there is likely short-term pain.
What happened | Numbers |
---|---|
Stock market decrease | Over $5 trillion lost |
Crypto market decrease | Around 25% decrease, $1 trillion lost |
US debt | Around $9 trillion |
Inflation | 2.8% |