Bitcoin Is Plunging. What To Know About The Wild Ride In Cryptocurrencies

It's been a rocky ride for investors in cryptocurrencies lately. Bitcoin, the most well known of these virtual assets, is down nearly 40% since hitting a record of just under $65,000 in mid-April.

So, what's happening?

There are a handful of reasons why the value of digital currencies is plunging.

There is the selloff we are seeing in Wall Street over inflation fears that's spilling over. There is also concern that regulators around the world, including in the United States, will crack down on these virtual assets. And then there's...