Hong Kong — Bitcoin appeared to find a bottom on Friday, rebounding above $14,000 after moves by South Korea to curb speculation and protect retail customers sent the crypto-currency sliding yesterday. Bitcoin climbed as much as 8.3% in Asian trading, before dropping back to trade 1.5% higher at $14,150 at 11.03am in London, composite Bloomberg pricing showed. The digital currency has slumped about 27% from its record $19,511 reached on December 18, when CME Group introduced its futures contract. While bitcoin’s debut on regulated derivatives exchanges in Chicago was thought to have given it a new mainstream channel for investors to tap, so far, trading volume has been limited. "Short-term support is about $13,500 — we’ve hit that the last couple of trading sessions," Chris Gersch, director of strategy at alternative investment management firm Bell Curve Capital in Chicago, said on Bloomberg TV. "Ultimately, I think it moves lower and tests last week’s lows around $12,400 in the fut...
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