Bitcoin! In the last 24 hours, the price of Bitcoin is down 3% and is now at $42,350, far from $44,500 on Friday, which was the highest point since April 2022.

Did you know that in just two months, Bitcoin rose an impressive 66%? This marks the end of a quiet period of trading and suggests that a new period of growth could begin.

What's going on?

Well, there are things like the possibility of a Bitcoin fund being approved and other economic events that are influencing prices. Similar to stocks, Bitcoin is benefiting from the idea that interest rates could drop next year.

This week, the Fed meeting (the United States Federal Reserve) is very important for the market.

In addition to Bitcoin, other cryptocurrencies such as Ethereum also fell. Everyone is waiting for what Jerome Powell, the president of the Fed, will say in his conference.

If you mention that they might lower rates soon, we could see a new surge in cryptocurrencies! 🚀