Bitcoin at a record high – level 1

08-03-2024 15:00

Bitcoin goes up a lot. But then it goes down again. People put money into it. They think that interest rates will go down.

Bitcoin reaches 69,202 dollars. It is higher than before. The previous highest point is in November 2021. More people get interested in Bitcoin after some groups say that it is okay to buy it. Some companies also buy bitcoin.

Other crypto coins like ether are not as high. The situation is changing quickly. We do not know how much bitcoin will be in the future.

Difficult words: interest rate (how much banks charge for lending money), reach (to get to a point), previous (the one before).

You can watch the original video in the Level 3 section.

What factors contribute to the unpredictability of Bitcoin's value, and how do these fluctuations affect its popularity among investors?


News in Levels is designed to teach you 3000 words in English. Please follow the instructions

How to improve your English with News in Levels: 


  1. Do the test at Test Languages.
  2. Go to your level. Go to Level 1 if you know 1-1000 words. Go to Level 2 if you know 1000-2000 words. Go to Level 3 if you know 2000-3000 words.


  1. Read two news articles every day.
  2. Read the news articles from the day before and check if you remember all new words.


  1. Listen to the news from today and read the text at the same time.
  2. Listen to the news from today without reading the text.


  1. Answer the question under today’s news and write the answer in the comments.


  1. Choose one person from the Skype section.
  2. Talk with this person. You can answer questions from Speak in Levels.


Stock images by Depositphotos