Thinking About ChinaOpinionCryptocurrencies Are on Their Way OutSavePrintSouvenir tokens representing cryptocurrency networks bitcoin, ethereum, dogecoin, and ripple plunge into the water in this illustration on May 17, 2022. Dado Ruvic/Illustration/ReutersJames Gorrie6/1/2022|Updated: 6/1/20220:00X 1CommentaryThe cryptocurrency market valuation is less than half of the $2.9 trillion it was worth in November.Share this articleLeave a commentJames GorrieAuthorJames Gorrie is the author of the 2013 book “The China Crisis” and discusses current events and China on his YouTube Podcast, The Banana Republican. Author’s Selected ArticlesChina’s Xi and CCP Under Growing PressureAug 08, 2025Communist China’s Pain Is America’s GainAug 07, 2025China’s New Law Legalizes Stealing Foreign IPJul 26, 2025A Washington–New Delhi Alliance Is a Perfect Storm Against China, for IndiaJul 14, 2025Related Topicsblockchaindigital yuancryptocurrencies