On Tuesday, bitcoin had fallen 25 percent in the session, its biggest daily decline in four months, a far cry from its peak close to $20,000 in December.
Bitcoin investors expect futures volumes to climb as CME Group prepares to launch its futures contract
Bitcoin hit another record high on Friday near $18,000 on the Luxembourg-based BitStamp platform and has soared roughly 1,700 percent so far this year.
Bitcoin hits another record high ahead of the start of its second futures contract; investors optimistic of hitting $20,000 mark
As bitcoin set a new record, digital currency exchange operators Coinbase and Bitfinex reported problems with service through their websites on Tuesday.
Smooth launch of bitcoin futures on Cboe Global Markets could pave the way for more cryptocurrency based products
The most-active contract exhibited the volatility that has become bitcoin’s hallmark, surging 20 percent at one point to trigger a five-minute trading halt.
Bitcoin's meteoric ascent of over 10-fold from below $1,000 at the start of the year has drawn regulatory scrutiny around the world's economists.
On 4 December, bitcoin had slipped back to around $10,919, down 2 percent on the day but still up more than 100 percent over the past three weeks.