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Bitcoin Is Booming, And So Are Other Digital Currencies

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A man walks past a display cabinet containing models of Bitcoins in Hong Kong on Aug. 3, 2016. (Anthony Wallace/AFP/Getty Images)
A man walks past a display cabinet containing models of Bitcoins in Hong Kong on Aug. 3, 2016. (Anthony Wallace/AFP/Getty Images)

The value of the digital currency bitcoin is up to around $2,800 per coin, and some analysts have predicted it could hit $4,000 by the end of this year. But could it be a bubble?

Here & Now's Jeremy Hobson talks with Christopher Vecchio (@CVecchioFX), senior currency strategist at DailyFX, about what's going on in the world of digital currency.

This segment aired on June 12, 2017.

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