Dec 11, 2017

12/11/2017: Bitcoin had a dramatic rise. What will happen when it falls?

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Bitcoin’s price soared to more than $15,000 last week. And as of yesterday afternoon, investors can trade bitcoin futures on a major public market — the Chicago Board Options Exchange. What’s behind the cryptocurrency’s incredible rise? And what will happen when…

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What's behind bitcoin's dramatic rise?

Dec 11, 2017
And is the bubble going to be dangerous when it pops?
Dan Kitwood/Getty Images

Bitcoin’s price soared to more than $15,000 last week. And as of yesterday afternoon, investors can trade bitcoin futures on a major public market — the Chicago Board Options Exchange. What’s behind the cryptocurrency’s incredible rise? And what will happen when it falls? Marketplace Tech host Molly Wood talks with Kevin Werbach, a professor at the University of Pennsylvania’s Wharton School about the sensational rise of bitcoin and what could happen when the bubble bursts.

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