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.
Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their bitcoin funds.
The futures are cash-settled contracts based on the auction price of bitcoin in US dollars on the Gemini Exchange.