About This Source - CGTN
This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.
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CGTN published this video item, entitled “BizBeat Ep. 51: Bitcoin frenzy” – below is their description.
The value of Bitcoin saw some wild fluctuations last week, spiking above $58,000 before dropping to $45,000 and is now hovering in the $50,000 range. But it’s still the top option for professional investors eyeing cryptocurrencies. However, skepticism remains. For new investors getting into Bitcoin, they should be prepared for major volatility and invest with caution. CGTN’s anchor Michelle Van den Bergh looks at the opportunities and risks.
#BizBeatCGTN YouTube Channel
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In This Story: Bitcoin
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software.