The value of bitcoin and future for cryptocurrencies

Jan. 17, 2018

In December, the value of one bitcoin skyrocketed to $19,000. But in the past 24 hours, that value dropped to $9,700. It’s been called a cryptocurrency bloodbath. Is this the bursting of the bitcoin bubble? Or just another fluctuation in a currency no one really understands.

Keep KCRW Independent.

KCRW is here to provide you with local news, music discovery, and cultural connection. Stay up to date with all things KCRW by signing up for our newsletters! And, if you can support our efforts, make a donation today.

Sign-up for our newsletters.
Make a donation.

Cryptocurrency bloodbath continues as bitcoin falls below $10,000

Credits

Guests:

Derek Thompson - Staff writer, The Atlantic - @DKThomp
Steven Johnson - journalist - @stevenbjohnson

Host:

Madeleine Brand

Producers:

Gina Pollack, Sarah Sweeney, Michell Eloy, Amy Ta, Christian Bordal, Quinn O'Toole

More from Press Play with Madeleine Brand

With COVID up, is it safe to fly and eat at indoor restaurants? Press Play with Madeleine Brand May 24

Why LA Sheriff Alex Villaneuva could coast to reelection despite controversy Press Play with Madeleine Brand May 23

Netflix might turn into the very thing it disrupted: Cable TV Press Play with Madeleine Brand May 19

US women’s soccer pay equity could benefit other pro sports Press Play with Madeleine Brand May 18

Latest

CA primary 2022: How voting works, when to expect results KCRW Features May 19

Miynt: ‘Aria’ Today's Top Tune May 25

Francesca Harding's playlist, May 24, 2022 Francesca Harding May 24

Travis Holcombe's playlist, May 24, 2022 FREAKS ONLY May 24

From this Episode:

A White House filled with 'gobsmacking dysfunction'

Michael Wolff: Trump may be the most famous liar who's ever lived

What does author Michael Wolff make of the president’s reaction to his book “Fire and Fury?” He says “it’s nutso.” We talk to him about his time inside the White House, and...

18 min

Why doesn't the 'do not call' list work?

Whatever happened to the “do not call” list? It still exists, but robocallers and scammers can easily get around it. We find out why, and whether you should ever answer your...

9 min

The value of bitcoin and future for cryptocurrencies

In December, the value of one bitcoin skyrocketed to $19,000. But in the past 24 hours, that value dropped to $9,700. It’s been called a cryptocurrency bloodbath. Is this...

12 min

What Google learns when you use its arts and culture app

Google has a fun app that pairs your face with a work of art. To use it, you upload your photo. But are you unwittingly sharing private information? Is Google building a...

6 min