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Transcripts For BLOOMBERG Bloomberg Markets Asia 20171121

Rishaad its going nuts, bitcoin. Im just going to show you what is happening here. 85,000 record, over earlier today. This shows you the progression of bitcoin in terms of gold lasts since november of year. We were trading below one ounce of gold. Now you need 6. 4 ounces to buy one bitcoin. Thats the story at the moment as bitcoin seemingly goes in just one direction. Is it a bottle . . Bubble will it survive the apocalypse doomsday some people have been betting on . Like gold, there is a finite supply of bitcoin. Sales of gold coins from the the most iniding the first three quarters of 2017 in favor of this cryptocurrency. Were even last week we wondering, is this about to come to a really messy end . Investors apparently brushing aside concerns over technology. We did see a drop in gold on account of that rebound of the dollar. To the rest of the markets. The financial markets, if you because we are seeing stocks recover from the recent pullback. Lets go over to sophie. Japanese mar ....

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