Mark Gongloff, Columnist

Bitcoin Is Rapidly Losing Its FOMO Appeal

When millionaires turn to thousandaires overnight, buzz tends to die.

June 23, 2021 at 8:39 PM UTC

Mark Gongloff is a Bloomberg Opinion editor and columnist covering climate change. He previously worked for Fortune.com, the Huffington Post and the Wall Street Journal.

Feeling low.
Photographer: Bloomberg/Bloomberg

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Trading crypto is kind of like going to the Redneck Rave. It’s crazy-fun for a while, but every now and then you get impaled by a log.