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Transcripts for BBCNEWS Outside Source 20240604 18:52:00

ultimately, we are living where the rule of law prevails. nowjust by having the assistance of bulldozers, just giving a notice of 2a hours, it is highly unjust. it is totally against our system. the price of bitcoin has crashed again. it is notoriously volatile so it won t come as a huge surprise, but even by those standards the last few weeks have been sobering. cryptocurrencies are notoriously volatile so investors have come to expect big rises and big falls but recent weeks have pushed its value sharply lower. the cryptocurrency fell 12 % over the course of monday. bitcoin started the year not far off $50,000. it took a big dip in may

Transcripts for BBCNEWS Outside Source 20240604 18:54:00

be loans that celsius specialises in. :, , be loans that celsius specialises in. ., , , be loans that celsius specialises in. . , , ., be loans that celsius specialises in. . , , :, be loans that celsius specialises in. that is interesting to say that bitcoin may in. that is interesting to say that bitcoin may visit in. that is interesting to say that bitcoin may visit some in. that is interesting to say that bitcoin may visit some of- in. that is interesting to say that bitcoin may visit some of the i in. that is interesting to say that l bitcoin may visit some of the more traditional markets. does that suggest that bitcoin is starting to behave like a regular currency? yes. behave like a regular currency? yes, it is a currency behave like a regular currency? yes, it is a currency and behave like a regular currency? yes, it is a currency and asset behave like a regular currency? t9: it is a currency and asset for sure in the sense that it is following more closely than it

Transcripts for BBCNEWS Outside Source 20240604 18:53:00

when another cryptocurrency terra luna collapsed. after today s falls, its value has now halved, since the start of the year. the latest falls were driven by a cryptocurrency platform celsius network announcing it was pausing all withdrawals and transfers between accounts blaming what it called extreme market conditions . 1.7 million customers are having that problem today. gina pieters is a lecturer at the department of economics, university of chicago. thank you for your time. let s start with celsius. what are these extreme market conditions that have caused it to temporarily shut down? celsius is one of the it to temporarily shut down? celsius is one of the lending it to temporarily shut down? celsius is one of the lending networks i it to temporarily shut down? celsius is one of the lending networks so i it to temporarily shut down? celsius is one of the lending networks so it| is one of the lending networks so it is one of the lending networks so it is probably referri

Transcripts for BBCNEWS Outside Source 20240604 18:42:00

i pray to god that this happens and that we can find them alive, but the indications lead to the contrary at the moment. and jair bolsonaro s government has been criticised for not acting fast enough to try to find both men. this is in brazil s capital rio dejaneiro where the family and friends of dom phillips and bruno pereira have been demanding the authorities do more to find them. let s hear from some of them. we are here to pay a tribute to dom and bruno. they were passionate about the amazon and we want them to be found, dead or alive. they disappeared, and they should be protected by the government. that is why i believe it was not an accident. more on that a story on the bbc news website and after. website and after. bitcoin has crashed again. website and after. bitcoin has crashed again. we will talk i

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