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Listening va Reading skills uchun
Bitcoin price surpasses $50,000 for first time (audio & text)
The price of one Bitcoin surpassed 50-thousand US dollars for the first time ever on Tuesday,... as it continues its blistering rally. The surge comes as major companies pile into the world's largest cryptocurrency. Lee Seung-jae reports. Bitcoin's stunning rally continues,... breaking 50-thousand U.S. dollars for the first time ever on Tuesday. The world's largest digital currency by market capitalization rose more than 3-percent to an all-time high of 50-thousand-602 dollars at one point,... before regressing to just over 48-thousand dollars. Bitcoin has risen 72-percent so far in 2021,... with most of the massive gains coming after Tesla bought 1-point-5 billion dollars worth of the digital currency. However,... it's not just the American electric vehicle giant that's been warming to the cryptocurrency. Major U.S. institutions have also been putting their money where their mouth is. Many experts say this rally is different from the 2017 bubble,... with JP Morgan this year saying Bitcoin could hit 146-thousand dollars if it becomes an established safe-haven. Others, however, are more cautious,... believing it could be an even bigger bubble than the last. "Bitcoin would quite qualify as a high risk investment. If you buy Bitcoins you should buy with keeping in mind that the value could be zero the day after. For now even if it shouldn't happen, there's still a chance it could happen. There's no guarantee, there's no, nothing behind Bitcoin trying to keep the market value high. While there are more and more people buying Bitcoins, for now it's still a high risk investment." Some economists, including Nouriel Roubini, have even said Bitcoin and other digital currencies have no intrinsic value. A recent Deutsche Bank survey also indicated that investors view Bitcoin as the most extreme bubble in the financial markets.
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