Economic news

Bitcoin slides below $15,000

Bitcoin dropped from its all-time peak on Friday, dipping below $15,000 just hours after rising to $17,000 in a more-than-20% one-day rally. Bitcoin slumped 11% to $14,978.74 on CoinDesk on Friday.

The fall happened comes after the cryptocurrency on Thursday reached the $15,000, $16,000 and $17,000 milestones in one trading session.

CBOE Global Markets and CME Group will launch futures contracts on bitcoin on Dec. 10 and Dec. 17 respectively.

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