The value of cryptocurrency has been falling a lot since its peak in November. Cryptocurrency is a digital currency, and users can trade it online, kind of like the stock market. There are thousands of different crypto, but most of them don’t have much value. The biggest and most popular one is Bitcoin, and some other popular ones are Ethereum, Dogecoin, and Litecoin. Ever since crypto’s peak in November of last year, they have been falling a lot. Bitcoin has fallen over 50% since its peak in November, and other cryptocurrencies are doing even worse. One reason for their decline is because governments around the globe are starting to ban and regulate crypto, for various reasons. Government may be scared of crypto in my opinion, because it is a decentralized system, so the government most likely will not be able to control the system. If you are interested in this topic, I encourage you to read more about it online. Some people and analysts still think crypto will start going up soon, and the bank Goldman Sachs expects bitcoin to reach over $100,000 dollars within the next 5 years (Bitcoin is about $35,000 right now).
