Risky Bets Amped Up Crypto Gains. Now They’re Fueling Their Selloff.

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 19 November 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Nov. 19. Traders have used debt to maximize their gains as they bought and sold crypto this year—now, with prices dropping, they’re turbocharging losses too. WSJ crypto reporter Vicky Ge Huang tells us what makes those bets so risky. Plus, Target says it will invest billions in its stores as it seeks to turn around slumping sales. And minutes from October’s Federal Reserve meeting show deepening divisions, putting a rate cut at the next meeting in question. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey Harry.
0:00.7	Hello mate.
0:01.5	Got any tips for the football?
0:02.8	Your best bet is to head over to Bet Victor.
0:04.9	They're giving new customers a terrific welcome offer. If you bet a minimum of £10, they'll give you £30 in three bets. Four, that's a steel of a deal. It's a good darn deal that'll make your squirrel for real. Neil? My name's not Neil. I know, bet it rhymes. Listen to Harry and make your best bet on the football at Betvictor.
0:23.4	18 plus opt in best bet on the football at BetVictor.
0:23.3	18 plus opt in and bet on any football marketing at odds of evens or greater no, cash out
0:27.0	seven-day expiry terms and conditions apply.gamblerware.org.
0:33.5	Leveraged crypto trades have maximized trader gains, but now they're turbocharging a sell-off.
0:38.7	If Bitcoin really jumps, you are very likely to get supercharged returns.
0:44.7	However, if Bitcoin falls, even just a little bit, you are going to end up in huge losses
0:51.1	or maybe even get your entire position wiped out.
0:59.1	Plus, Target says it will invest billions in stores to try to turn around slumping sales.
1:03.0	And why Medicaid patients are having trouble getting doctors appointments.
1:05.5	It's Wednesday, November 19th.
1:07.8	I'm Alex Osala for the Wall Street Journal.
1:14.0	This is the PM edition of What's News, the top headlines and business stories that move the world today.
1:22.9	This Just In, NVIDIA, the world's most valuable publicly listed company,
1:27.0	reported record sales in its latest quarter and provided strong guidance.
1:32.7	For more on NVIDIA's earnings, visit WSJ.com and we'll have more analysis on tomorrow morning show.
1:40.3	NVIDIA's latest earnings are one of the key data points for investors concerned about the AI boom and valuations of tech companies,
1:43.5	concerns that have weighed on stocks in the past few weeks.
	...

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