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	Podcast:		The Indicator from Planet Money
	Episode:		The crypto market is hot. But is it an illusion?
	Category:		Business
	Duration:		00:08:02
	Publish Date:		2025-09-17 07:05:02
	Description:		There has been an inordinate amount of trading activity recently in the crypto markets. But what if much of that activity was an illusion? A smokescreen? A fraud? Today on the show, we look at the practice of wash trading, and how it’s evolved in the crypto world. Related episodes: The fake market in crypto For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy
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