WSJ What’s News

Crypto’s Long, Hard Fall This Winter


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P.M. Edition for Feb. 5. Even as stocks have been on a tear in recent months, the price of bitcoin has fallen, today closing below $64,000, its lowest level in more than a year. Journal reporter Vicky Ge Huang talks about why investors seem to have soured on bitcoin and crypto. Plus, the latest batch of Epstein files has led to political pressure on U.K. Prime Minister Keir Starmer and led Brad Karp, leader of the law firm Paul Weiss, to step down as chair of the firm. We hear from WSJ national legal affairs reporter Erin Mulvaney about what his resignation means for Paul Weiss. And the government’s January jobs report may be delayed because of the government shutdown, but other sources of data indicate it probably wasn’t a great month for the labor market. Alex Ossola hosts.


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