Crypto Crash

It's the oldest saying in the book. What goes up must come down. In the volatile world of cryptocurrency, it's proving to be a brutal truth. As Tom Steinfort reports, crypto's market value has halved since its peak late last year, haemorrhaging an eye-watering 2.2 trillion dollars. It's not just crypto geeks whose dreams have been shattered, but also ordinary mum and dad investors sucked in by the hype that the currency had gone mainstream. However, while many millionaires have become overnight paupers, the cryptocurrency true believers say don't worry, the good times will return. The question is: Who is brave enough to believe them?

Reporter: Tom Steinfort

Producers: Garry McNab and Sheree Gibson