The Christian Science Monitor

What's behind the plunge in bitcoin?

In the wild roller-coaster that the stock market has been riding, most investors may have missed the plunge in another asset: bitcoin.

The cryptocurrency has dropped 11 percent of its value in the past three trading days – part of a 66 percent fall in value since December, which is jaw-dropping even by its standards.

Some of the latest losses may stem from stock market fears over a potential trade war with China. But analysts say the biggest factor behind the plunge in bitcoin and other cryptocurrencies is the

If virtual currencies aren't money, what are they?Is the US the only country cracking down?Why are countries acting now?Is criminal activity up because of cryptocurrencies?Are cryptocurrencies threatened?Will regulation tame the cryptos?Will regulation kill cryptos?

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