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Bitcoin extends retreat from record high to hit lowest in 20 days

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February 28, 2021
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Bitcoin extends retreat from record high to hit lowest in 20 days
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FILE PHOTO: A group of bitcoin (digital forex) tokens are displayed on this image illustration taken Dec. 8, 2017. REUTERS/Benoit Tessier/Illustration/File Photograph

(Reuters) – Bitcoin fell to its lowest since Feb. 8 in skinny on Sunday, down 3.7% from Friday’s shut because the pullback from a report excessive close to $60,000 continued.

The world’s largest and best-known cryptocurrency has risen as a lot as 70% for the reason that begin of the 12 months, hitting a report excessive of $58,354.14 one week in the past amid rising confidence that it’s going to turn into a mainstream funding and funds automobile.

Compiled by the International Finance & Markets Breaking Information group; Modifying by David Clarke



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