Bitcoin is in the longest slump of its 10-year history. That is forcing even its most ardent supporters to shelve dreams of global disruption and focus on simply tightening their belts long enough to outlast the downturn. Signs of the crypto winter are everywhere, marking a sharp reversal since the manic highs of 2017. The price of bitcoin is about $4,000, down about 80% from a trading peak of about $19,800 in December 2017. The total market value of all cryptocurrencies outstanding is down 85% from its peak in January 2018....

Source: Wall Street Journal March 18, 2019 16:30 UTC