Was 2018 the year the Bitcoin bubble finally burst? Interest in the digital currency picked up in 2017, snowballing into hysteria when its value soared from around $1,000 (£818) in January to $19,000 by December. Its price then plunged last year to less than $4,000.
None of the major digital currencies escaped the downturn, with popular alternative Cardano falling by 97pc from its 2017 high. Another, Ethereum, has lost 87pc of its value since summer.
The cryptocurrency market as a whole has had 86pc of its value wiped off from its peak to the end of 2018. Those who got in and out early made a killing. Those who didn’t suffered.
But there is a silver lining for anyone nursing those losses, as…