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WSJ Your Money Briefing

What’s Fueling the Bitcoin Rally?

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 8 March 2024

⏱️ 10 minutes

🧾️ Download transcript

Summary

The price of bitcoin has risen to levels not seen since 2021. Wall Street Journal reporter Caitlin Ostroff joins host J.R. Whalen to discuss the recent run-up, and how much bitcoin financial advisers suggest should be in your portfolio. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:29.0

Here's your money briefing for Friday, March 8th. I'm J.R. Wayland for the Wall Street Journal.

0:40.0

The price of Bitcoin is hovering near new record highs three years after collapsing and losing more than 50% of its value.

0:48.0

People who invest in Bitcoin particularly tend to be long-term believers in it and so while everyone is

0:55.3

really excited that it hit a new record for the first time since 2021 a lot of people

1:00.0

expect that it could go even higher but we've also spoken to people who are much

1:04.5

more cautious. Caitlin Ostrov covers digital currencies for the W.S.J. We'll

1:09.6

talk to her about the current Bitcoin rally and what could move the price going forward.

1:14.4

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Soul traders or limited company directors in the UK can apply. The recent run-up in the price of Bitcoin has left some investors with mixed feelings about their

2:04.4

holdings.

...

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