Coverage of Facebook in the past day has been dominated by plans to launch a new crypto currency, with 75% of the 1,600 stories carried on Bloomberg focused on the story.

That may prompt more coverage of crypto currencies. Journalists jumped on the bandwagon after rally in bitcoin but lost interest as prices slumped.

Reporters failed to pay much attention to the recent rally in crypto with the number of stories published on the Bloomberg terminal lagging market gains.