Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

What's Behind Bitcoin's Surge?

Gold-plated souvenir Bitcoin coins are arranged for a photograph on Nov. 20, 2017. (Justin Tallis/AFP/Getty Images)
Gold-plated souvenir Bitcoin coins are arranged for a photograph on Nov. 20, 2017. (Justin Tallis/AFP/Getty Images)

Despite many analysts seeing bitcoin as a bubble, the cryptocurrency continues to rally — hitting over $9,500 on Monday.

Here & Now‘s Jeremy Hobson speaks with The Atlantic’s Derek Thompson (@DKThomp) about why bitcoin’s price keeps going up, whether people actually use it and what banks are saying about it.

Copyright 2021 NPR. To see more, visit https://www.npr.org.