We fell short of our Fall Fundraiser goal of 2,500 donations. Help us catch up ⏩ Give Now

Cryptocurrencies’ collapse follows 2017 run, regulation threats

Tracey Samuelson Nov 20, 2018
HTML EMBED:
COPY
In this photo illustration a visual representation of the digital currency Bitcoin sinks into water.  Photo Illustration by Dan Kitwood/Getty Images

Cryptocurrencies’ collapse follows 2017 run, regulation threats

Tracey Samuelson Nov 20, 2018
In this photo illustration a visual representation of the digital currency Bitcoin sinks into water.  Photo Illustration by Dan Kitwood/Getty Images
HTML EMBED:
COPY

Down from its 1,400 percent rise in 2017, bitcoin is now trading at less than $5,000 — a sharp decline for what some once hoped was a new and promising asset that could excite institutional investors. Instead, many traders were just trying to make a quick buck.

Click the audio player above to hear the full story. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.