CCTV recently reported on the crazy rise of BTC (Bitcoin). Just in the past two days, the "Economic Information Network" program of CCTV Finance Channel pointed out that the price of Bitcoin has soared, setting a record high, breaking the $100,000 mark at one point, and the increase has exceeded 10%.

In recent years, the crazy rise of Bitcoin (BTC) has attracted widespread attention from CCTV. Starting from the receipt of Bitcoin donations for the Lushan earthquake in Sichuan in 2013, this virtual currency has gradually entered the public eye. In CCTV's first popular science report, Bitcoin rose an astonishing 5,320 times in three years, and Li Moulai, who claimed to own a large amount of Bitcoin, became China's richest Bitcoiner.

However, as the price of Bitcoin soared, its risks gradually emerged. In December 2013, CCTV Finance Channel broadcast the program "Crazy Bitcoin", revealing the madness of mining activities. Subsequently, the People's Bank of China and five other ministries and commissions issued a notice to prevent Bitcoin risks, and CCTV's reporting direction began to change. In 2014, the program "Harmful Bitcoin" was broadcast to warn investors of risks.

In 2017, the price of Bitcoin plummeted again. CCTV Finance Channel discussed the regulation of Bitcoin in "CCTV Finance Review", pointing out the risk of it being used by criminals for money laundering and fund transfer. However, despite many controversies and regulatory pressures, Bitcoin still survived tenaciously and realized the function of real shopping payment in 2018.

In recent years, CCTV's coverage of Bitcoin has gradually increased. In 2021, CCTV Finance Channel broadcast a news about the promising prospects of Bitcoin, mentioning that many investors are optimistic about Bitcoin. However, in 2022, experts in CCTV Finance Review compared Bitcoin with the tulip bubble, believing that it lacks actual value support.

Overall, CCTV's coverage of Bitcoin is relatively objective, showing both its crazy rise and risks, and the views and opinions of different people. Such reports help the public to understand Bitcoin more comprehensively and make wise investment decisions.

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