Cryptocurrencies dominated the markets on Friday.
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BITCOIN PLUNGES: Here's what you need to know
Bitcoin ended its worst week since 2013 with a plunge to below $11,000.
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Bitcoin ended its worst week since 2013 with a plunge to below $11,000 in a reversal that skeptics — and even some investors — had expected after a breathtaking surge.
The cryptocurrency was down by as much as 45% from its recent high of nearly $20,000, though it has recouped much of the loss. Its move prompted trading halts on Coinbase, the largest US crypto exchange, and in futures trading at CME Group.
The sell-off spilled into smaller digital-currency markets including ether and litecoin.
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Major equity indexes closed lower but little changed on the last working day of the year for some traders.
Here's the scoreboard:
- Dow:
- S&P 500:
- Nasdaq:
- 10-year yield:
Additionally:
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