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First futures market puts bitcoin surge in spotlight

12:17pm EST - 01:58

Bitcoin tumbles more than 12 percent in volatile Asian trading, dropping below the $15,000 level after touching a record high above $16,000 earlier in the session. Despite doubts over the sustainability of its recent rally, the virtual currency is due to gain a first futures market in the coming days. Kate King reports.

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Bitcoin tumbles more than 12 percent in volatile Asian trading, dropping below the $15,000 level after touching a record high above $16,000 earlier in the session. Despite doubts over the sustainability of its recent rally, the virtual currency is due to gain a first futures market in the coming days. Kate King reports.

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First futures market puts bitcoin surge in spotlight

12:17pm EST - 01:58