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Author: Tan KW   |   Latest post: Tue, 13 Apr 2021, 4:11 PM

 

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

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Bitcoin fell to its lowest since Feb. 8 in thin on Sunday, down 3.7% from Friday's close as the pullback from a record high near $60,000 continued.

The world's biggest and best-known cryptocurrency has risen as much as 70% since the start of the year, hitting a record high of $58,354.14 one week ago amid increasing confidence that it will become a mainstream investment and payments vehicle.

 


  - Reuters

 

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