Bitcoin, the most famous cryptocurrency, is having a bit of a slow down! Think of it like a really popular toy – it was super in demand, but now fewer people are buying it.
This means less activity on the Bitcoin network. It's like fewer people are playing with the toy. This is based on a report that looked at how many people are using Bitcoin and buying and selling it.
- Fewer people are buying Bitcoin right now.
- The price might go down because of this.
- Some experts think Bitcoin might even go down to $86,000!
Fact | Number |
---|---|
Lowest network activity in | 1 year |
Bitcoin price might fall to | $86,000 |
Demand in November (high) | 279,000 |
Current Demand (low) | 70,000 |