The bitcoin rout deepened Friday, with the digital currency extending its decline to trade below $12,000 for the first time since early December. A single bitcoin fetched $11,767.05, according to Coindesk, a drop of 24.4% on the day. Bitcoin had traded just shy of $20,000 early this week. Bitcoin futures followed suit, with CME Group’s January contract down its daily limit of 20% at $12,265, while the Cboe January contract fell 19.7% to $12,280.
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