Bitcoin Resumes Slide After Biggest Rally in Two Weeks
- Cryptocurrency falls below $15,000 after post-Christmas rally
- Ripple leads crypto coin gains; bitcoin futures also slip
Why Bitcoin Is Back on the Downslope
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Bitcoin fell below $15,000 after the cryptocurrency’s biggest rally in two weeks ended a rout that wiped more than $9,000 off the price.
The largest digital coin dropped 6.3 percent to $14,913 at 3:07 p.m. in New York, having earlier climbed as much as 3.6 percent. Among rival digital currencies, ripple rose 8 percent, while ethereum and litecoin fell, according to data compiled by Bloomberg.